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FM Arun Jaitley Says Rupee Not Weakened, Better Off Than Other Currencies

September 24, 2018

FM Arun Jaitley Says Rupee Not Weakened, Better Off Than Other Currencies

Even as economists, businessmen, and citizens of India are flabbergasted at the declining power of the Indian Rupee in the international markets, Finance Minister Arun Jaitley said that it’s still better off than other foreign currencies. He said that Rupee’s fall is because of global factors and that no domestic reasons are attributable to it.

Photo credit: U.S. Embassy New Delhi on Visualhunt.com / CC BY-ND

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