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Декабрь
2024

Rupee depreciation may push import bill by USD 15 bn: GTRI

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The Indian rupee's 2.34% depreciation against the US dollar from December 2023 to December 2024 is expected to increase India's import bill by about USD 15 billion. Gold and industrial goods imports from China, priced in USD, will be significantly affected, while a 5% drop in Brent crude prices mitigates some of the impact on oil imports.