India, May 4 -- An Indian entrepreneur says that he cut down on shopping in the United States, thanks to rising inflation and the weakening Indian rupee against the US dollar. Vineeth K, founder of Deals Dhamaka, claimed that his shopping bill this time is down to just 30% of what he typically spends in the US.

In a post shared on X, the Indian entrepreneur claimed that everything in the US now feels "ridiculously expensive", thanks to the rupee touching 95 against the dollar.

"My shopping bill this time is down to almost 30% of what I usually spend in the US," Vineeth said in his X post.

Blaming the change on the USD-INR exchange rate touching Rs.95 and rising global inflation, he said shopping in the US no longer feels worthwhile for...