There are many countries that have been treating their plunging currency as an opportunity. However, it is not the case when Indian exporters are in question. Indian exporters are of the opinion that a fall in the rupee price would not do much about the improvement in trade deficit. It does not actually support India’s economic conditions, but instead aggravates currency problems. A dropped value of the rupee against the dollar has only stressed Indian exporters. They have started planning on ways to handle such a dynamic nature of the rupee.
