"Absolutely, I am more comfortable where we are now than where we were a couple of weeks back," he told reporters in an interaction after the release of the mid-quarter review of the monetary policy here.
After hitting a lifetime low of 68.85 against the dollar on August 28, the rupee has recovered aggressively to become the best performing Asian unit in the last fortnight. Since September 4, when Rajan took over, the rupee gained a whopping 8 per cent till Thursday. The unit today closed at 62.23 versus dollar, down 46 paise or 0.74 per cent.
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