India’s Weak Rupee Fails to Deliver Export Payoff, HSBC Says
India’s exporters are getting little help from a weaker rupee as high tariffs and gaps in domestic manufacturing blunt the benefits, according to HSBC Holdings Plc.
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2 matching records found
India’s exporters are getting little help from a weaker rupee as high tariffs and gaps in domestic manufacturing blunt the benefits, according to HSBC Holdings Plc.
India’s rupee gained as the central bank garnered $136 billion under its capital-raising measures, far exceeding expectations and further boosting its war chest to defend the currency.
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