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Foreign Exchange & Exchange Rate Policy

Introduction Foreign exchange and exchange rate systems are central to the functioning of modern economies in an interconnected world. They determine the value of a country’s currency in relation to others, directly affecting trade, investment, capital flows, tourism, and economic stability. For a developing economy like India, foreign exchange management and exchange rate policy are…

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U.S. tariffs and reducing import dependency

India’s Export Dilemma: Tackling U.S. Tariffs and Reducing Import Dependency

Introduction In the globalized economy of the 21st century, international trade forms the backbone of economic growth for both developed and developing countries. For a country like India, which is steadily moving towards becoming the world’s third-largest economy, exports are not merely a source of foreign exchange but also a driver of industrial growth, employment…

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