The rupee, which analysts say is overvalued by more than 3 percent on a trade-weighted basis, has lost more than 1 percent since striking a five-year high of 43.30 a dollar on February 3, when Standard & Poor's raised India's foreign currency rating.
The rupee, which analysts say is overvalued by more than 3 percent on a trade-weighted basis, has lost more than 1 percent since striking a five-year high of 43.30 a dollar on February 3, when Standard & Poor's raised India's foreign currency rating.