Profit

Rupee weakness a temporary problem: Pronab Sen

PUBLISHED ON: June 11, 2013 | Duration: 9 min, 00 sec

  
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Pronab Sen, former principal adviser to the Planning Commission, tells NDTV Profit that the immediate reason for the rupee weakness is the strength of the dollar, even as structural weaknesses in the system locally cannot be forgotten altogether. He says the Reserve Bank's stated position - to intervene only to control forex volatility - is the right position.
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