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Currency Goes Up and Down in Market Economy, Says PM
Tuesday, 22 May 2012, 22:12 Hrs
New Delhi: With a steep fall in value of rupee, Prime Minister Manmohan Singh said that in a market economy currency goes up and down and there are global uncertainties to which India is not an exception.
"In a market economy, currency goes up and down," Singh told mediapersons in a brief informal interaction at a dinner that he hosted here on completion of three years of UPA-II government.
"There are uncertainities, global uncertainities," he said while adding that India was no exception to the norms.
Answering to a query, the prime minister said he would visit Pakistan at an "appropriate time".
Asked about negative perceptions of UPA government, Singh said that such a perception will be corrected by "what is happening in reality".
The prime minister assured that his government would fulfil its agenda and not disappoint people.
Source: IANS
"In a market economy, currency goes up and down," Singh told mediapersons in a brief informal interaction at a dinner that he hosted here on completion of three years of UPA-II government.
"There are uncertainities, global uncertainities," he said while adding that India was no exception to the norms.
Answering to a query, the prime minister said he would visit Pakistan at an "appropriate time".
Asked about negative perceptions of UPA government, Singh said that such a perception will be corrected by "what is happening in reality".
The prime minister assured that his government would fulfil its agenda and not disappoint people.
Source: IANS
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