Tuesday, June 26, 2012

Letter.

Blame leaders for weak rupee Letter Published in The National ,Uae on 27,June 12

I refer to Steps to halt rupee's slide fail to convince (June 26).

The main reason for the fall of the rupee is the wrong strategy and poor planning by India's leaders.

Investors who used to have confidence in the Indian economy now hesitate to invest. And since no strong measures are being taken, the present crisis may become worse, analysts say. The government of India needs to do better.

K Ragavan, India

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