Currently indian govt trying to sacrifice the currency to minor extent to save the economy to major extent which is the most stupid move in high interest rate Era in developed countries, stay with me for few mins, let me break it up to primary school math ! The govt could fail miserably like our neighbours and pivot to sacrificing the economy to minor extent and saving the currency to major extent if the usdinr nosedives like pak or srilanka, we have higher mean reversion risk than pak Lanka, let me come to that shortly