Falling rupee leaves few Indian winners

US tariffs of 50% far outweigh benefits from a weak currency

- Team Mint

The Indian rupee’s recent slide beyond the 90-per-dollar mark offers little relief to its exporters, most of which are struggling under the weight of crippling tariffs imposed by the Donald Trump administration.

The only clear winners are the country’s dominant information technology (IT) companies, while sectors with high import content grapple with surging production costs.