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Only the rupee matters

When are we going to stop evaluating our own currency against what the world holds as its dubious standard?

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As patriotic Indians, we should stop focusing on the dollar and start promoting reports on why the world should adopt the rupee instead.  Representational pic

As patriotic Indians, we should stop focusing on the dollar and start promoting reports on why the world should adopt the rupee instead. Representational pic

Lindsay PereiraAnother week, another dire report about the drop in the value of our currency. As I write this, a PTI report informs me that the rupee has closed at a record low of some amount against the US dollar amid the outflow of foreign capital from India and rising crude oil prices in the global market. I don’t know what the reasons are, whether they are valid, or how they affect us because there have been similar reports coming in for a long time now.

I have no idea what oil prices do to the cost of vegetables or how this has an effect on inflation because it isn’t my job to keep an eye on these things. What I do know is that, as patriotic Indians, we should stop focusing on the dollar and start promoting reports on why the world should adopt the rupee instead.

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