Rupee to fall by another 5-7 percent? See what this government adviser said
India`s rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday, indicating that New Delhi is unlikely to support intervening in the market despite the currency shedding close to 7 percent against the dollar this year.
India`s rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday. Image source: Reuters