US EditionGovernment Keeping "Good Watch" On Exchange Rates: Nirmala Sitharaman
- Finance Minister Nirmala Sitharaman stated that the government is monitoring exchange rates closely, noting several currencies have depreciated against the US dollar.
- The rupee fell to a record low of 88.27 against the dollar amid US tariffs that took effect on August 27.
- Sitharaman described the GST overhaul as a 'people's reform', which aims to lower tax rates and benefit families across India.
- The US is India's largest trading partner, accounting for about 20 percent of India's exports in 2024-25, totaling $437.42 billion.
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14 Articles
Government Keeping "Good Watch" On Exchange Rates: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a 'good watch' on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.
Moneycontrol
Cryptocurrency News | Cryptocurrency Prices | Market Cap'Govt keeping good watch on rupee, several currencies weakened against dollar': FM Sitharaman
The rupee plummeted to a record low and closed at 88.27 against dollar after touching an intra-day low of 88.38 on Friday.
Nirmala Sitharaman: Sitharaman gave this big statement on the falling rupee, what is the whole plan?
Nirmala Sitharaman: Two major issues are in the headlines these days in the Indian economy: the continuous decline in the Indian rupee against the US dollar and the ongoing discussion on GST reforms. Meanwhile, the country's Finance Minister Nirmala Sitharaman has given a big statement on the fall of the rupee, in which she mentioned the government's vigilance on this issue and the efforts being made to reduce the impact on exporters. Let us kno…
Said, dollar is strong not only against India but against every currency of the world Rupee Depreciates (Aaj Samaj), New Delhi: Rupee has been continuously weak against dollar for the last few days. This is the reason that rupee is currently at its all-time record low. On Friday, rupee closed at its all-time record low at 88.27 per dollar. During the day's trading, it was at 88.
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