Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

Rupee-dollar movement driven by global and domestic factors, FM Sitharaman says RBI steps in only to curb volatility

India Business News: Union Finance minister Nirmala Sitharaman on Sunday said movements in the rupee against the US dollar are influenced by a combination of global and do.

Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

Finance Minister Nirmala Sitharaman highlights global and domestic factors driving rupee-dollar fluctuations, emphasizing RBI's role in stabilizing volatility.

Rupee Volatility Driven by Global and Domestic Factors, Says Nirmala Sitharaman I Economy India

Geopolitical Uncertainty, Foreign Capital Flows and Import Dependence Continue to Influence Currency Movements Bengaluru (Economy India): Union Finance Minister Nirmala Sitharaman on Sunday stated that fluctuations in the Indian rupee against the US dollar are influenced by a combination of global and domestic factors, including geopolitical developments, foreign capital movements, and India’s dependence on key imports such as crude oil, fertili…

Rupee vs Dollar: External factors, India’s import compulsions responsible, says FM

Kolkata: Geopolitical reasons and India’s import compulsions of a few essential items were driving down the value of the Indian rupee, Union finance minister Nirmala Sitharaman has said, identifying multiple global and domestic factors, including the US-Iran war and foreign capital movements as the possible reasons. She also highlighted that the Reserve Bank of India does not target any fixed exchange rate and steps in to curb excessive volatili…