RBI Governor Says Rupee Depreciation Regular, Banking System Sturdy

Do it yourself: Rupee Depreciation: Demand, Supply, and Simple Economics

The INR has been under steady depreciation pressure for the past few months. USDINR is down about 4.4% year-to-date, raising familiar concerns about stability and comparisons to the 2013 balance-of-payments scare.It’s worth noting that the recent 50% US tariffs—which grabbed headlines—are not the main reason behind the rupee’s weakness. India’s exports have broadly held up in the first ten months of the financial year. The pressure has come inst…

RBI Governor Says Rupee Depreciation Regular, Banking System Sturdy

New Delhi: Sanjay Malhotra has accomplished his first 12 months as RBI Governor at a time when world volatility, tariff shocks and geopolitical tensions have examined monetary methods in all places. In an unique dialog with Zee Enterprise Managing Editor Anil Singhvi, Malhotra mentioned a wide selection of matters, together with interest-rate choices forward of the following MPC assembly, the rupee’s latest slide towards the US greenback, the ce…