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The Hindu
The Hindu
National
PTI

India not defending INR; Rupee can take care of itself: Chief Economic Advisor Anantha Nageswaran

India V Anantha Nageswaran RBI Economy

Chief Economic Advisor V. Anantha Nageswaran on September 12 said India is not defending the Rupee and the Reserve Bank of India (RBI) is taking necessary steps to ensure that the movement of the Rupee is gradual and in line with market trends.

Mr. Nageswaran further said that the Rupee is being managed in a manner that reflects the fundamentals of the economy.

"India is not defending the Rupee... I don't think Indian fundamentals are such that we need to defend the Rupee. The Rupee can take care of itself," he said at an event in New Delhi.

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