Rupee Weakens as Manufacturing Cools: A Double Whammy for Indian Economy

Unknown Apr 02, 2026 2 Views

The USD/INR pair remains firm around 86.70, driven by renewed US Dollar demand and ongoing FII selling of Indian equities. Meanwhile, India's manufacturing sector hit a speed bump, with the HSBC India Manufacturing PMI dropping to a 14-month low of 56.3 in February from 57.7 in January. Despi...

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