In this episode of Converse India, Rahul Shivashankar will be discussing the record low in Rupee and its Impacts. The rupee on Friday fell to an all-time low against the US dollar in early trade. On the interbank forex market on Friday, the rupee opened 5 paise lower at 79.11 against the American currency. "Low-private credit, huge reserves at RBI gives both the RBI & Govt of India several policies tool to ensure that volatility that India will be going to be much less than any of the large global economies", says Ajit Pai, Sr. Economist. "One of the factors determining our inflation is global inflation. Dignity to a human being comes through a good solid job. Not through an MGNREGA job, not a 'pakora vala' job but through a decent job", says Gurucharan Das. Watch out for a full discussion.
#converseindia #rupeelowreduces #rupeeprice
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