Rupee near record lows: Will exporters gain competitiveness or lose...

Rupee near record lows: Will exporters gain competitiveness or lose on rising import costs? All you need to know

Posted

785

The Indian rupee has weakened, reaching near record lows against the US dollar. This depreciation boosts export competitiveness but increases import costs. Exporters are urged to diversify beyond the US due to potential tariffs. Importers face higher bills, especially for oil. Instability in the rupee's value is a concern for both exporters and importers.

Read Full Article

Please log in to like, share and comment!