Podcast | The fall and fall of rupee: Here’s what Gaurav Kapur has to say

The rupee continued to slide and stock markets shed over 1 percent on September 17, despite government assurances over the health of the economy and some measures to boost capital inflows.

The Modi government has made it easier for companies to borrow short-term from overseas and removed some restrictions for foreign investors. But going by the current response, these measures don’t seem to be working.

Gaurav Kapur, Chief Economist at IndusInd Bank, tells Ravi Krishnan about available options on the table and how the decline in the value of the rupee can be arrested.