A weaker rupee, often seen as a sign of economic stress, may be emerging as an unexpected advantage for India's exporters, according to the government's latest economic review. But the Finance Ministry has cautioned that the benefit will materialise only if global demand remains resilient and inflation stays under control. In its Monthly Economic Review for May, the Department of Economic Affairs argued that the recent depreciation of the rupee should not be viewed solely through the lens of currency weakness. Instead, it said the adjustment has improved India's export competitiveness after years of an overvalued exchange rate.