No need to panic even if rupee touches 80/dollar: Govt
Economic Affairs Secretary Subhash Chandra Garg has said that the rupee is "depreciating due to external factors", and there is "no need to panic". He added, "even if the rupee falls to 80 against the dollar, it will not be a concern provided other currencies too depreciate in the same range." The rupee crossed 70 per dollar mark on Tuesday.