Mentor’s comment- https://www.financialexpress.com/opinion/the-heat-is-on-hard-to-see-when-the-pressure-on-the-rupee-will-ease-despite-rbis-efforts/2585524/ In the intro, mention the rupee touching the lowest ever value in recent times. In the body, … Continue reading Q.3 What are the factors responsible for the recent fall in the value of rupee? Why intervention in the foreign exchange market by the RBI is unlikely to yield the desired results? (10 Marks)