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Why RBI seem to believe that the rupee is ‘undervalued’? | Explained
RBI Governor states the rupee is "undervalued," suggesting recent depreciation exceeds India's economic fundamentals amid global uncertainties.
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thehindubusinessline.com
Inflation remains RBI’s foremost priority: Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra highlights the rupee's undervaluation and strong foreign capital inflows, emphasizing inflation control and stability.
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thehindu.com
RBI sees rupee as undervalued; inflows largely through FCNR (B) touch $32 billion
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial position.
