Rupee's going to fall further and no, it won't help exports

Jul 20, 2022 | 21:03 IST

Depreciation may not help exports because the composition of what we sell has changed

Rupee falling below the 80-mark against dollar made headlines. There are nuances in story that, however, are being missed.

First, and contrary to what many are saying, rupee fall may not help our exports. Here’s why.

/business/india-business

/business-economy

TOI

TOI

Rupee's going to fall further and no, it won't help exports

Depreciation may not help exports because the composition of what we sell has changed

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TOI

Rupee's going to fall further and no, it won't help exports

Depreciation may not help exports because the composition of what we sell has changed

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