New Delhi, June 5 -- Shamika Ravi, a member of the Prime Minister Narendra Modi's Economic Advisory Council, has dismissed concerns over the Indian rupee potentially weakening to 100 against the US dollar.

In an ANI podcast interview, She said, "So what? 100 is just a number." She added that the focus should not be on defending a particular exchange rate, but on managing the broader economic impact of global supply shocks.

She noted, "At the end of the day, what you do not want is to jump into this, try to keep the value at a certain level, which leads to inflationary pressures, which is going to have all kinds of other chaotic impacts."

Ravi said "you do not want to intervene in a market which is working fine right now", arguing that ...