Author: Nabeera
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How rupee volatility and capital flows are reshaping India’s steel market outlook
Rupee volatility may increase landed input costs Export realisations to get slight support from depreciation The Indian rupee has witnessed heightened volatility in recent months, weakening sharply from around INR 87.8 per dollar in late October to nearly INR 91 by mid-December, before stabilising close to the INR 90 level. This recovery was supported by…