Rupee Fall: Impossible trinity is pushing RBI toward relaxing rupee grip
- Posted on January 15, 2025
- By Business News Today
- 3 Views
Rupee Fall: Impossible trinity is pushing RBI toward relaxing rupee grip
The Reserve Bank of India, under new Governor Sanjay Malhotra, is loosening its tight control over the rupee, aligning it with regional currencies while still intervening to prevent excessive volatility. This shift aims to bolster exports and prioritize inflation control amid global economic challenges.
