Impacts of Rupee Weakening and RBI’s Exchange Rate Policy
17
Jan
Impacts of Rupee Weakening and RBI’s Exchange Rate Policy Sub: Eco Sec: External sector Why in News? The Indian rupee recently depreciated significantly, reaching a record low of ₹86.70 per dollar. The Reserve Bank of India (RBI) has reverted to its managed-floating exchange rate regime, allowing controlled depreciation to address capital outflows and […]