With rupee again crossing
65-to a dollar mark, Finance Minister P Chidambaram said on Tuesday the
currency is undervalued and hoped it will find its appropriate level.
"The rupee has overshot is true level, it is undervalued . . . We have to be patient, be firm, do whatever is required to be done and rupee will find its appropriate level," he told reporters in New Delhi.
The Indian currency on Tuesday weakened further past 65.56 to a dollar mark in the morning trade.
Tanu.
.
"The rupee has overshot is true level, it is undervalued . . . We have to be patient, be firm, do whatever is required to be done and rupee will find its appropriate level," he told reporters in New Delhi.
The Indian currency on Tuesday weakened further past 65.56 to a dollar mark in the morning trade.
Tanu.
.
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