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Last year the Indian Rupee and Nepali Rupee values dropped dramatically by 17% at their lowest point, the lowest in 15 years. This is a by-product of the trade war between the United States and China, and creates an added challenge for the poorest of the poor in remote villages.
The result is that India and Nepal’s economies will likely be slowing down and the cost of imports will skyrocket. This is increasing the cost of goods which is the biggest impact for families already struggling in villages ...
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From Adam Nevins
Executive Director
ServLife International Inc.
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