📌 Impact of a Falling Rupee 💡 Mnemonic: "CRISIS" → Rupee Depreciation Triggers an Economic CRISIS! ✅ C → Costlier Imports – Crude oil, electronics, and raw materials become expensive. ✅ R → Rising Inflation – Businesses pass higher import costs to consumers. ✅ I → Investor Flight – Foreign investors withdraw capital from Indian markets. ✅ S → Shrinking Export Gains – Inflation-driven input costs negate export benefits. ✅ I → Increasing Debt Burden – Foreign debt becomes expensive, raising repayment costs. ✅ S → Stock Market Volatility – Economic uncertainty reduces foreign investments.