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."
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