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100 just a number, volatility does damage: World Bank's Neelkanth Mishra on rupee's dip
short by Mansi Agarwal / on Sunday, 7 June, 2026
World Bank Executive Director Neelkanth Mishra, responding to concerns about the rupee potentially crossing the 100 mark against the dollar, said, "100 is just a number." However, he added that currency volatility "does a lot of damage". It raises the long-term cost of capital, delays growth and leaves small and medium enterprises vulnerable to sharp swings, he said.
read more at Moneycontrol