Top Economist Anantha Nageswaran Reveals Why Indian Rupee Level Not A Threshold | WATCH (opens in new tab)

Chief Economic Adviser V Anantha Nageswaran has said the Indian rupee’s movement should be seen as a natural macroeconomic adjustment, not a crisis\. He stressed that the exchange rate functions as a \"shock absorber\" in a volatile global environment and warned against fixating on psychological levels like ₹100 per dollar\. Nageswaran explained that currency depreciation helps the economy adjust to external shocks such as energy price spikes, supply chain disruptions, and geopolitical tensio...