RBI Governor Sanjay Malhotra says rupee at ₹95 not concerning
NewsBytes | April 8, 2026 3:39 PM CST
RBI lets markets decide Indian rupee
Global uncertainty (think: West Asia conflicts and strong demand for US dollars) is putting pressure on currencies everywhere, including ours.
Still, Malhotra reassured everyone that India's financial system is solid: liquidity remains healthy and banks are in good shape.
The RBI's longstanding policy lets market forces decide the rupee's value, stepping in only to prevent big shocks and keep things running smoothly.
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