How the weakening rupee is affecting India's economy

“The weakening Indian rupee spurs investment into the country … [as Indian expats] can definitely get more power to consume,” says Shrey Aeren, managing director and country head at Berkshire Hathaway HomeServices Orenda India, a real estate agency.

Over the past year, the company, which sells homes built by some of India's biggest developers, has received a “record number of inquiries, as well as closures from NRIs [non-resident Indians] from all over the world” and the softening rupee is “a significant factor in the opportunity”, Mr Aeren says.

Read the full quote at: How the weakening rupee is affecting India's economy (thenationalnews.com)