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Weakening Rupee Will Benefit Export-Oriented Firms: Mobius
Financial Express Kochi
|January 04, 2025
WHILE A WEAKENING rupee is a dampener for foreign investment inflows into India, export-oriented companies could benefit from the fall in the local currency, as they become more competitive against China, Mark Mobius, chairman of Mobius Emerging Opportunities Fund, said on Friday.
"I would look at export-oriented companies to begin with because of the currency situation, and also because India is gradually becoming more competitive against the Chinese exporters," Mobius told a business news channel.
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FLERE HISTORIER FRA Financial Express Kochi
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