Rupee at 90: RBI Governor Malhotra says no targeted band, market will decide currency level
- Posted on December 5, 2025
- By Business News Today
- 2 Views
Rupee at 90: RBI Governor Malhotra says no targeted band, market will decide currency level
Reserve Bank of India Governor Sanjay Malhotra stated the central bank does not target specific levels for the rupee, allowing market forces to dictate its value. He emphasised that the RBI intervenes only to curb extreme volatility, not to support the currency.
