A potential slide of the rupee to the 100-per-dollar mark may be grabbing headlines, but Dr Shamika Ravi, Member of the Economic Advisory Council to the Prime Minister and a Secretary to the Government of India, believes investors and citizens are focusing on the wrong metric. Addressing concerns over the currency's future, Ravi dismissed the psychological significance of the three-digit exchange rate, saying, "100 is just a number, Smita." Her remarks came amid growing concerns about rising energy costs, global uncertainty and fears that India's economic momentum could slow in the face of external shocks. Yet Ravi maintained that the country's long-term growth trajectory remains intact. With fuel prices rising and global energy markets under pressure due to geopolitical tensions, many Indians are worried about the impact on inflation and purchasing power. Ravi argued that exchange rates act as an adjustment mechanism during periods of stress . . Follow onevisionmedia.in for new upda...