RBI Governor Says Rupee May Be Undervalued

Rupee may be undervalued after recent depreciation The rupee's recent slide may have led to it being undervalued in both nominal and real terms. The currency has been approaching the 100-per-dollar mark amid the ongoing West Asia conflict. Despite rising cr

Rupee may be undervalued after recent depreciation

The rupee’s recent slide may have led to it being undervalued in both nominal and real terms.

The currency has been approaching the 100-per-dollar mark amid the ongoing West Asia conflict.

Despite rising crude prices, India’s balance of payments position is not yet a serious concern.

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