Jayesh Mehta: Rupee near record low despite strong macros, need to plug capital 'leakages'
Jayesh Mehta, Vice-Chairman and CEO of DSP Finance, stated that the rupee's slide towards its all-time low, despite India's strong economic fundamentals, indicates a need to identify and plug sources of capital outflows. He noted that India has attracted nearly $140 billion, yet the currency remains weak.