Economix: The rupee does not need a defender. It needs an economy worth defending

The rupee reached a value of 96.91 against the dollar on 20 May, marking a 16.1 per cent depreciation over 18 months, thereby rendering it Asia’s worst-performing major currency for two consecutive years. ThePrint Consulting Editor (Economics) Bidisha Bhattacharya argues that the rupee does not need a defender, rather it needs an economy worth defending.----more----Read full article here: https://theprint.in/opinion/economix/rupee-defender-economy-worth-defending/2941503/