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RBI signals intervention readiness as rupee seen ‘undervalued’ after 6% slide: Report
RBI signals intervention readiness as rupee seen ‘undervalued’ after 6% slide: Report
India
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RBI signals intervention readiness as rupee seen ‘undervalued’ after 6% slide: Report

CurrentIndia.com
By CurrentIndia.com
The Reserve Bank of India (RBI) has signalled readiness to intervene in the foreign exchange market to ensure orderly currency movements, while Governor Sanjay Malhotra said the rupee appears undervalued after depreciating around 6 per cent since tensions in West Asia escalated

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