Rupee is Highly Overvalued at 68/Dollar: A V Rajwade

PUBLISHED ON: January 20, 2016 | Duration: 2 min, 57 sec

   
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Forex consultant A V Rajwade says the rupee is overvalued around 10 per cent even at 68 per dollar according to Reserve Bank of India's effective exchange rate index. To be globally competitive, the Indian currency should be at 75 against dollar, he adds.
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