HT:Rupee falling due to global factors, no need to panic: FM
As the rupee hit its record low level of Rs. 54.46 against dollar, the finance ministry on Wednesday said there was no need to panic and the slide would be contained when there is certainty in eurozone recovery.
"Rupee is falling due to global factors. This is no need to panic. The fall might continue till there is a certainty about the eurozone recovery. RBI is keeping a watch on it," a finance ministry official said.
The
fall might continue till there is a certainty about the eurozone recovery. RBI is keeping a watch on it," a finance ministry official said.
