An expansionary monetary policy typically involves lowering interest rates and increasing the money supply, which can lead to depreciation of the currency as it makes borrowing cheaper and can increase inflation. When the Indian rupee is sliding, the government or RBI would generally prefer a contractionary approach, such as raising interest rates or selling foreign reserves, to support the rupee’s value by attracting foreign investment and reducing inflationary pressures. Thus, following an expansionary monetary policy would be counterproductive in this context.