Is the declining rupee a crisis or an opportunity? | The Hindu Parley podcast

There is an expectation of further depreciation, which can lead to further capital outflows

August 04, 2022 10:39 pm | Updated August 12, 2022 12:35 am IST

The rupee’s steep slide to the 79-to-a-dollar range is bound to impact importers, widen the current account deficit (CAD) and spur the value of India’s external debt. But how much of a problem is this going to be for the Indian economy, given that the rest of the world is facing economic challenges as well?

Here we discuss whether the declining rupee presents a crisis or an opportunity.

Guests: Indranil Pan, Chief Economist at Yes Bank; Zico Dasgupta teaches Economics at Azim Premji University

Host: K. Bharat Kumar

Read the parley article here.

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