The currency has depreciated which also raises the input costs of the manufacturing sector in India which necessarily means that in the absence of a clear pickup in the domestic consumption and also a global slowdown sort of manifesting itself in a lower export growth, we should have a subdued manufacturing production.
Dollar hovers ahead of PCE and tariff onslaught
The dollar is heading for a steady week and next week’s quarterly loss due to concerns over tariffs slowing U.S. growth, affecting yields, stocks, and
March 28, 2025