Rupee sees relative gain as other currencies fall more vs $: RBI – Times of India
[ad_1] MUMBAI: A relatively weak rupee, in the short term, benefits India’s trade balance, a report published by RBI said. However, in the long run, a stronger rupee is more beneficial to trade balance. Trade balance is the difference between exports and imports of goods and services.The report, published in RBI’s Nov bulletin, carries data…