Rupee fall not worrying, it's due to dollar strength: Rajan
Former RBI Governor Raghuram Rajan has said the rupee's recent fall isn't too worrying and is attributable to "dollar strength around the world". Rajan said that an emerging market country like India should focus on macroeconomic stability as it is heading into an election year. The rupee has weakened nearly 9% this year, making it the worst performing Asian currency.