The Economic Times News

Rupee slide not a worry, says CEA V Anantha Nageswaran as FDI set to top $100 billion

Chief Economic Adviser V Anantha Nageswaran downplayed concerns over the rupee's depreciation, stating it's not pressuring inflation and expecting recovery next year. He also highlighted the need for India to up its game to attract higher FDI inflows amidst a shifting global economic landscape, while experts noted the rupee's relative stability compared to other emerging market currencies.