New Reserve Bank of India measures to aid exporters, including a longer window to bring back foreign earnings, could weaken the rupee. Bankers suggest this flexibility might encourage exporters to delay converting dollars, reducing immediate supply. This comes as India's trade faces challenges from U.S. tariffs, impacting exports to its largest market.
RBI's export relief measures may dent near-term dollar flows, pressure Indian rupee, bankers say
The Economy Times Markets18 hrs ago
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