As PM Modi calls for conserving FX, what steps can India take?
- Posted on May 11, 2026
- By Business News Today
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- 1 min read
As PM Modi calls for conserving FX, what steps can India take?
India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is exploring past measures to attract dollar inflows and curb outflows. These include encouraging diaspora deposits, easing capital account norms, and controlling imports.
