Finance
Big GuyPanagariya to RBI: Relax, 100 is Just a Number, Buddy!
Hey there! So, Arvind Panagariya, the finance whiz, tells the RBI to take a chill pill about the rupee hitting 100 bucks! It’s just a number, like 99 or 101—no biggie! He’s all about letting the rupee do its thing, like a pizza in the oven! Just relax, folks, it’ll be alright! No need to panic, capisce?
few days ago | Anjali Kumari
Quick rundown
1.Rupee nears 100/$, but Panagariya advises calm.
2.Indian currency hits a rough patch, worst in Asia.
3.Oil shortage impacts rupee, but depreciation is key.
4.2013 crisis tactics won't work with high US rates.
5.India's economy stronger now, inflation under control.
