Let the rupee depreciate past ₹100 to a dollar, 16th Finance Commission chairman advises RBI
This comes at a time when the rupee nearly touched ₹97 to a dollar in the intraday trade on Thursday (May 21, 2026), with traders saying the RBI intervened to prevent it from crossing that limit. (Representational image) | Photo Credit: Motortion The Reserve Bank of India (RBI) should not let the “psychology of ₹100 per…