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India’s Weak Rupee Fails to Deliver Export Payoff, HSBC Says
Source: Bloomberg
Currency & FXTrade Policy & Supply ChainTax & Tariffs
HSBC says India’s exporters are receiving limited support from a weaker rupee because high tariffs and manufacturing gaps at home offset currency-driven export competitiveness. Net effect is a cautious outlook for export margins and volumes unless trade frictions and domestic supply constraints improve.
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