RBI Governor Raghuram Rajan today brushed aside the contention that exchange rate is impacting exports.Stating that exchange rate is unlikely to be a helpful tool in increasing exports, he said the shipments can only be increased by raising productivity, improving infrastructure and simplifying regulations, which is in the domain of the government. Mr. Rajan was addressing the first Ramnath Goenka Memorial Lecture in New Delhi today. He said, our intent is to prevent overshooting and undue volatility, rather than to stand in the way of the needed adjustment.The governor said the country's exports were doing quite well relative to other emerging markets. Observing that international meets are still dominated by the old powers, Mr. Rajan said it is time for the emerging world to push its agenda.He said, unless we amongst the emerging world put forward our agenda, build the intellectual and analytical basis for pushing it, and create coalitions to support it, we will have no chance of moving forward.He emhasised that with careful analysis, engagement, and coalition building, we will be able to influence the global agenda.