Rupee holding up well relative to emerging market peers, advanced economies: RBI Governor Shaktikanta Das
Updated: 22 Jul 2022, 12:18 PM IST
TL;DR.Days after the domestic currency breached the 80-level against the dollar, Das said Reserve Bank of India (RBI) has zero tolerance for volatile and bumpy movement in the rupee and added that the central bank actions have helped in smoother movement.
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das during a press conference at RBI headquarters, in Mumbai, Wednesday, June 8, 2022. (PTI Photo/Shashank Parade)(PTI06_08_2022_000056A)