"Well, it's a neat fit. Something which I did not know, which is the fact that the rupee has fallen by Rs 75 over 75 years. So, I think that it's like it's done that in chunks, which is that it fell by a lot in the 1990s and like the beginning when we had the big devaluation and things, but it was pegged for a long period of time. I think that all in all, this has been a lot of unfortunate decline in the rupee's value. But the good news here again is the fact that today the rupee appears to be very competitive and very cheap, as we will see," Ruchir Sharma said.

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