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Why Is the R R E E R Not Being Discussed?
The rupee has become less competitive due to a variety of reasons. It's something that needs to be discussed, right? Its not being discussed. Iam not suggesting that we should manipulate it, but at least it needs to be talked about. For decades, china was accused of manipulating its exchange. Downwards. The rate is a hundred 15. Not that we have tried to make it more less competitive. We remain as competitive in terms of exports throughout that period. And it all goes down to politics, mith,. which is, you look at economies that export. You may be producing in the hinterland, how cheap is it for you to move your goods from the