Experts predict that a falling rupee will improve India’s competitiveness in the global market, resulting in increased exports of agricultural items, textiles, gems, and jewelry.
The rupee has lost 6% in the first half of this calendar year, trading at 75.51 dollars, down from 71.38 on January 1. In truth, the rupee had fallen to 76.21 on June 16 but has since rebounded thanks to intervention by the Reserve Bank of India.
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