Rupee depreciation is unlikely to aid exports in the near term | Prof. Vidya Mahambare writes for LiveMint

The article highlights that while the rupee has been losing value against the dollar, the Indian currency has experienced noticeable appreciation against other major currencies. The rupee fell against the dollar for every month from January to August 2022 compared to the corresponding months in 2021. In contrast, the rupee has consistently appreciated against other major currencies, including the pound, yen and euro, during the same period.