Why Arvind Panagariya, former Niti Aayog vice-chairman, is not worried about falling Rupee

Panagariya who is currently a professor of economics at Columbia University further said, "I am personally very pleased the RBI has used our foreign exchange reserves prudently in managing the exchange rate."

Why Arvind Panagariya, former Niti Aayog vice-chairman, is
Niti Aayog vice-chairman Arvind Panagariya has opined that rupee depreciation was long overdue, saying appreciated currency had hurt the country's exports, Image source:PTI

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