23-May-2026
Economy News
 
‘Let the rupee depreciate below 100 to dollar’: Former NITI Aayog VC tells RBI
22-May-2026

Chairman of the 16th Finance Commission and former NITI Aayog Vice-Chairman Arvind Panagariya has called on the Reserve Bank of India to allow the rupee to depreciate gradually instead of supporting it through artificial measures. His argument comes as the rupee approached historic lows and the one-year forward rate briefly crossed the 100-per-dollar mark.

News Source:- https://www.financialexpress.com/business/news-let-indian-rupee-depreciate-below-100-to-us-dollar-former-niti-aayog-vc-arvind-panagariya-tells-rbi-4247922/?ref=hometop_hp