Rupee slide reason to be worries? | Rupee to Touch The 85 Mark Next? | Converse India

In this episode of converse India, Rahul shivshankar will deliberate on how India is facing inflammatory issues. Since January 30, this year the rupee has dropped 8 percent against the US dollar. The opposition cites economic weakness. The rupee nosedives against the Dollar and Breaches an Rs 80 psychological barrier and RBI weighs in with a 50 bps rate cut. Jayant Sinha, BJP leader says: "In 2013, India was bracketed with the fragile 5, it was just the Indian rupee that was falling badly. Today, other major currencies are falling far worse than the Indian rupee. India is a haven of macroeconomic stability" Pavan K. Varma, Author says "No criticism of any govt can say that it has done anything. He further added The problem is that whatever we accuse one particular govt of, comes back to haunt us. Modi govt has not pushed economic reforms as vigorously"#rupeeslide #usdollar #indianrupeeRead More