Malhotra said this during an interview with Mint

May 25, 2026

04:30 pm

What's the storyReserve Bank of India (RBI) Governor Sanjay Malhotra has said that the Indian rupee is not overvalued and could even be undervalued after its recent depreciation against the US dollar.

The statement comes as the currency nears the psychologically-important 100-per-dollar mark amid a war in West Asia.