Exchange-rate Depreciation and Exchange-Rate Pass-through to Pharmaceutical Prices in India (2014–2024)
Shivani Patil, Shaik Mahammad Ashwak, Anushka Pandey, Aditya Agrawal, Adithya Nayak, Jayashree C. & K. Ramesha · Journal of Economics, Management and Trade · 2026
The Indian pharmaceutical sector, heavily reliant on imported Active Pharmaceutical Ingredients (APIs), is sensitive to USD/INR fluctuations, which raise production costs when the rupee weakens. While exchange rate changes quickly affect producer costs, consumer prices adjust mor...
Open access
Research Article
10.9734/jemt/2026/v32i41412