RBI Governor Sanjay Malhotra signals he’s open to more flexible rupee
- Posted on January 14, 2025
- By Business News Today
- 2 Views
RBI Governor Sanjay Malhotra signals he’s open to more flexible rupee
Indias new central bank governor, Sanjay Malhotra, is willing to let the rupee move more freely while intervening to curb volatility. Malhotra backs the need for a weaker rupee to correct overvaluation, despite the rising import bill. Exporters and recent capital outflows influenced this policy shift.
