Indian exporters lobby RBI for weaker rupee to offset US tariffs
- Posted on September 4, 2025
- By Business News Today
- 4 Views
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters, facing a 30% loss due to Trump's 50% tariffs on US-bound shipments, are lobbying the RBI for a temporary, weaker rupee rate of 103 per dollar for US earnings. This request aims to offset the tariff's impact, but the RBI is hesitant due to potential risks to currency sentiment and reserves.
