On the wrong side of 60: Rupee's fall
RODRIGUES, RYAN MAXIM
On the wrong side of 60: Rupee's fall - 2013 - 40-48
When the rupee touched 59.90 to the dollar, an all time low, at a press briefing in Delhi, chief economic advisor Raghuram Rajan said that action will be taken when necessary. Finance Minister P. Chidambaram reiterated his stand that he is watching the situation. There was a common tone in both the statements: That the rupeemust find its own level.
FINANCIAL ECONOMICS
332
On the wrong side of 60: Rupee's fall - 2013 - 40-48
When the rupee touched 59.90 to the dollar, an all time low, at a press briefing in Delhi, chief economic advisor Raghuram Rajan said that action will be taken when necessary. Finance Minister P. Chidambaram reiterated his stand that he is watching the situation. There was a common tone in both the statements: That the rupeemust find its own level.
FINANCIAL ECONOMICS
332