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Should the rupee be left to fall?

SHOULD THE RUPEE BE LEFT TO DEPRECIATE? Syllabus: GS 3: Banking system Issues related to Banking system Why in the News? The Indian rupee has weakened sharply, touching nearly ₹97 per dollar, amid rising oil prices, speculative capital outflows, and fears of imported inflation following geopolitical tensions in West Asia. INDIA’S EXTERNAL SECTOR MANAGEMENT ●  …