Shamika Ravi, from PM Modi's Economic Advisory Council, downplayed concerns over the rupee hitting 100 against the US dollar, emphasizing broader economic focus.

The rupee has fallen from 85 to nearly 95 against the dollar in just a year. Could it hit the psychological 100 mark next? We spoke to four of India’s leading bank…

Shamika Ravi said that intervention in a market ‘working fine right now’ would lead to inflation and the currency should be allowed to ‘settle’ on its own.

Shamika Ravi, from PM Modi's Economic Advisory Council, downplayed concerns over the rupee hitting 100 against the US dollar, emphasizing broader economic focus.