Rupee value: Growth and investor confidence are key determinants

The rupee is on everyone's mind. What is the "fair" value of the rupee, is a question for which no one has a definite answer. In one sense, that is correct. The fair value of the rupee is the value we see — what you see is what it is. Currency markets around the world are interlinked with an aggregate volume of intra-day trading of about $4 trillion a day. So stop fretting about the value of the rupee — it will be what it will be.

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