Economist and former NITI Aayog Vice-Chairman Arvind Panagariya has said there is no need to panic if the rupee touches the Rs 100-per-dollar mark, asserting that the Indian currency could recover over time once global uncertainty eases. 

Speaking to NDTV Profit, Panagariya said the Reserve Bank of India (RBI) should allow the exchange rate to adjust naturally instead of excessively intervening in the currency market to defend a psychological level.