CutTheClutter: India's flattening rupee-$ rate, economists ask if a ‘strong’ rupee is good or a burden

#cuttheclutter As the Indian exchange rates flatten, in Episode 1544 of #CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism.’ Is a strong rupee necessarily good for India? Data from 1991 to 2024 --------------------------------------------------------------------------------------------- 0:38-- fluctuating dollar-rupee exchange rate 1:58-- India's real effective exchange rate 3:22-- RBI's exchange rate policy 5:54-- Rupee's weakening trend 8:29-- India's exchange rate mechanism 9:15-- What is external resilience? 11:00-- India's foreign reserve spending 15:12-- What is currency nationalism? --------------------------------------------------------------------------------------------- To read Arvind Subramanian & Josh Felman article: https://www.business-standard.com/opinion/columns/explained-has-india-s-exchange-rate-regime-changed-for-the-worse-124102801222_1.html --------------------------------------------------------------------------------------------- To read KP Krishnan Article: https://www.business-standard.com/opinion/columns/why-exchange-rate-volatility-is-essential-for-economic-flexibility-124101701598_1.html ---------------------------------------------------------------------------------------------  @arvindmenswear66  This Season, Embrace Royalty & Legacy with our New Season Launch of Luxury Primante Collection Fabrics. Discover our latest showcase featuring the esteemed People's Prince, Dr. Lakshyaraj Singh Mewar. Own your day, visit your nearest Arvind Store and craft your perfect look. #TheArvindStore #OwnYourLegacy #OwnTheMoment https://tinyurl.com/3wa2zatn