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RUPEE AT CLOSE - Rupee Ends At 66.92/$ Vs 67.01/$ On Friday SIEMENS - Bags Order Worth Rs 287 Cr Form Nagpur Metro Rail Corporation

Can’t Set Fair Value For Rupee: Satyajit Das

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September 10: Referring to the unprecedented slide in the rupee, Author and Risk Consultant Satyajit Das points to factors like Fed QE tapering which are outside of India’s control. However, he says structural issues like growth, budgetary problems and current and capital account deficits can be corrected. “One cannot say what the fair value of the rupee is,” he says.