Strengthening manufacturing capacity essential for achieving long-term currency stability: CEA Nageswaran
New Delhi [India], January 29 (ANI): Strengthening manufacturing capacity is essential for achieving long-term currency stability, as export-led industrial growth underpins stronger external balances and exchange-rate credibility, said the Chief Economic Adviser (CEA) V Anantha Nageswaran on Thursday.
CEA noted that currency strength ultimately depends on a country's industrial and manufacturing capacity.
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