Rupee at historic low: How 9% real depreciation could reshape India’s economy - explained
The Indian rupee is experiencing a significant decline against the US dollar, which could impact inflation, exports, and corporate margins. While short-term effects are challenging, a weaker rupee could boost long-term growth by encouraging domestic production and improving export competitiveness. Experts anticipate this trend may continue due to trade deal uncertainties and capital flow pressures.
The Indian rupee is experiencing a significant decline against the US dollar, which could impact inflation, exports, and corporate margins. While short-term effects are challenging, a weaker rupee could boost long-term growth by encouraging domestic production and improving export competitiveness. Experts anticipate this trend may continue due to trade deal uncertainties and capital flow pressures. What's Your Reaction?
