Right Moment To Let Rupee Depreciate: Finance Commission Chair Tells RBI
Finance Commission Chair advices RBI to let rupee depreciate. | Image: Reuters The Reserve Bank of India (RBI) should not let the psychological barrier of Rs 100 per dollar dictate its monetary strategy, and the right approach under current conditions is to allow the domestic currency to weaken, according to Arvind Panagariya, Chairman of the 16th Finance Commission and Former…
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