China partnerships visible, let rupee find its own level: Uday Kotak

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New Delhi [India], October 13 (ANI): Uday Kotak, Founder and Director of Kotak Bank, has urged India to remain open to Chinese investments, pointing to “early signs” of partnerships between Indian and Chinese companies, while advocating that the rupee be allowed to find its own level. Speaking at the Bloomberg New Economy Forum, the veteran banker said the rupee, which has been weakening for eight years, should be allowed to find its own level, with the currency eventually reflecting the underlying strength of the Indian economy. “We should let the rupee find its own level and overtime the true strength…

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