What is behind the argument between IMF and RBI over exchange rates?

The IMF has made several points in its latest report on India. The one on exchange rates has made the RBI and government protest, but other suggestions are useful. Economist Radhika Pandey and Deputy Editor TCA Sharad Raghavan discuss in #Macrosutra
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Read Radhika Pandey's column here : https://theprint.in/macrosutra/imfs-a...
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Read the IMF Article IV review here : https://www.imf.org/en/Publications/C...
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