RBI intervention only way to stop rupee's fall: Currency consultant
The rupee fell to a record low against the US dollar on Wednesday, breaching 54.30, weighed down by a sluggish domestic economy and risk-averse global sentiment. "The only way to stop the rupee's fall will be continuous RBI intervention," said AV Rajwade, Consultant at Currency & Interest Rate Risk Management in a discussion with NDTV profit.
