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Rupee-dollar movement driven by global and domestic factors, FM Sitharaman says RBI steps in only to curb volatility
Union Finance minister Nirmala Sitharaman on Sunday said movements in the rupee against the US dollar are influenced by a combination of global and domestic factors, stressing that the Reserve Bank of India intervenes only to contain excessive volatility and not to defend any specific exchange rate.
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thehindu.com
Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman
Finance Minister Nirmala Sitharaman highlights global and domestic factors driving rupee-dollar fluctuations, emphasizing RBI's role in stabilizing volatility.
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Nirmala Sitharaman attributes rupee fluctuations to global, domestic factors
Finance Minister Nirmala Sitharaman highlights global and domestic factors driving rupee-dollar fluctuations, emphasizing RBI's role in stabilizing volatility.
