Finance Minister Sіtharaman says RBI aims to curb rupee volatility not fix its value
- Finance Minister Nirmala Sitharaman said on Tuesday that the RBI is trying to stop volatility, not fix the rupee’s value.
- Speaking at the Bloomberg New Economy Forum in Delhi, she said it would be welcome if the rupee found its own level.
- The rupee gained 82 paise to 94.96 against the dollar in early trade, after a 93 paise rise on Monday.
- She said most of the pressure on the currency over the past year and a half has come from external factors.
Source: livemint.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
