Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

🇮🇳 The Hindu (IN) —
Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

AI Summary

India's Finance Minister Sitharaman highlighted that the Reserve Bank of India intervenes to curb excessive volatility in the rupee-dollar exchange rates, emphasizing the influence of both global and domestic factors on currency fluctuations.

Sitharaman underlined that the Reserve Bank of India (RBI) intervenes only to curb excessive volatility and not to maintain a fixed exchange rate

World Politics Markets rupee-dollar exchange RBI currency volatility India Sitharaman finance

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