The Indian rupee has been under pressure in the last few months but it continues to be the least volatile currency against the US dollar among its Asian and global peers.
Finance Minister Nirmala Sitharaman said a 3% depreciation in the rupee against the US dollar in past few months is a matter of concern as it makes imports costlier, but she rejected criticism that ...
Finance Minister Nirmala Sitharaman rejected criticism of the rupee’s decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...