Rupee value is market-driven, has no target band against US dollar: FM Sitharaman
- Posted on July 21, 2026
- By Business News Today
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Rupee value is market-driven, has no target band against US dollar: FM Sitharaman
Finance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange markets and intervenes when needed. Several measures are in place to boost foreign exchange inflows into India. These initiatives aim to ease pressure on the Indian rupee. The government closely tracks economic parameters and their implications.
