No need for any knee-jerk reaction: Govt on falling rupee
Responding to queries on a depreciating rupee, Interim Finance Minister Piyush Goyal on Friday said that there is no need for any "knee-jerk reaction". As compared to 2013, the rupee has not depreciated in last five years, Goyal added. The rupee on Thursday breached the 69-mark against the US dollar for the first time, reaching an all-time low of 69.09.