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The Cheapest Currency In The World

Surjit S Bhalla BUSINESS STANDARD

The finance ministry- Reserve Bank combine should decrease control over the rupee

The rupee has come full circle. In the article, "Exports Burn while Delhi Fiddles", (The Economic Times, July 23, 1997) I had argued that the rupee, at Rs 35.7/$, was the strongest currency in the world, and that the "market" level for the rupee was close to Rs. 41

 

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First Published: Aug 19 2000 | 12:00 AM IST

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