News > India not defending INR; Rupee can take care of itself
India not defending INR; Rupee can take care of itself
The Hindu | 13/09/2022 07:46 PM | Click to read full article
Chief Economic Advisor V. Anantha Nageswaran on September 12 said India is not defending the Rupee and the Reserve Bank of India (RBI) is taking necessary steps to ensure that the movement of the Rupee is gradual and in line with market trends.
Mr. Nageswaran further said that the Rupee is being managed in a manner that reflects the fundamentals of the economy.