
Implications of a depreciating rupee
All Things Policy
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Is the Indian Rupee Undervalued?
Until quite recently, the rubee was, in fact, all valued to the dollar. And so therefore we are seeing this kind of massive correction that is going on. You know, why it selps. So the rube is just adjusting. But i think, again, don't don't make any financial bets based on my gesswork, i think it's got to depreciate slightly further.
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