RBI's export relief measures may dent near-term dollar flows, pressure Indian rupee, bankers say

The RBI on Friday announced a package of relief measures to help exporters cope with the pressure from U.S. tariffs, including extending the The step comes at a time when India's trade outlook is clouded by stalled negotiations on a U.S.-India agreement that could roll back the 50% duties imposed on several Indian products. Those levies, in place since late August, pushed merchandise exports to the United States, India's largest market, down nearly 12% year-on-year in September. The longer payment realiz ...