I am happy that the Indian rupee has shown more resilience than most of the currencies in recent years," Mr. It's a function of several natural factors - a function of inflation, capital flows and the risk-reward ratio in each country. "I do not think there is any comfortable or uncomfortable level for the rupee. He also said that exporters should not be dependent on a depreciating rupee and they should stand on their own based on the quality of products and ability to serve the needs of customers in the global markets.
Indian rupee has shown more resilience than most of the other currencies in recent years and the compounded average growth rate of depreciation is lower as compared to pre-2014, Minister of Commerce and Industry Piyush Goyal has said.
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