RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial position.

Recent policy measures may shift India's balance of payments to a surplus. These actions aim to attract significant capital inflows and strengthen the external position. The…

RBI Governor Sanjay Malhotra highlights the rupee's undervaluation and strong foreign capital inflows, emphasizing inflation control and stability.