SBI Conclave 2026: RBI DG sees case for rupee recovery after sharp correction
At the SBI Conclave 2026, Reserve Bank of India Deputy Governor Poonam Gupta stated that the rupee may recover from its recent depreciation against the dollar. Gupta highlighted factors like reduced reliance on crude oil imports and strong economic growth as potential drivers for this recovery. The RBI aims to maintain stability in the foreign exchange market moving forward.