Arvind Panagariya advises RBI to let the rupee depreciate past ₹100 to a dollar amid current oil shortages.

RBI intervenes as the rupee hits a record low, pressured by high oil prices and significant foreign investor withdrawals.

Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the…

The Indian rupee has crossed the Rs 100 per US dollar mark in its one-year forward rate. This comes as the spot market saw the rupee hit another historic low. Unabated dollar…