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Listen "Why India’s currency slide is creating US tariff relief for exporters"
Episode Synopsis
A plunge in the value of the Indian rupee to record lows over the past week, making it Asia’s worst-performing currency, could be a mixed blessing for the South Asian economy as it pushes to finalise a trade deal with the United States, observers say.
The rupee depreciated beyond 90 to the US dollar this week, deepening a slide that began last week.
While the currency’s weakness is driving up the cost of essentials such as oil imports and overseas tuition, it has also brought some short-term...
The rupee depreciated beyond 90 to the US dollar this week, deepening a slide that began last week.
While the currency’s weakness is driving up the cost of essentials such as oil imports and overseas tuition, it has also brought some short-term...
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