Rupee At 100? Neelkanth Mishra Warns Panic Can Be More Dangerous Than Depreciation

Business Today

Rupee At 100? Neelkanth Mishra Warns Panic Can Be More Dangerous Than Depreciation

Can the Indian rupee crossing the ₹100-per-dollar mark become a serious economic problem, or is it merely a psychological barrier? In this insightful conversation on the ANI Podcast with Smita Prakash, Neelkanth Mishra, Chief Economist at Axis Bank, explains why the real concern is not a specific exchange-rate level but the volatility and panic that can accompany sharp currency movements. Mishra argues that while a round number such as ₹100 per US dollar carries emotional significance, what...

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