The Indian currency has depreciated by around 6% against the US dollar since early May, yet policymakers and markets appear less alarmed than usual.5 Min ReadThe free fall in the rupee’s relative value against the US dollar may have its advantages. Particularly, exporters hit with a debilitating 50% tariff by US President Donald Trump may see some of the pain offset by the additional dollars received for each rupee’s worth of goods sent abroad. Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers
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Why a weak rupee may not be such a bad thing for now
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