Will the Wild Ride for the Rupee Continue?
RBI may go easy on the rupee and give priority to domestic issues. The fuss over the rupee's level should end.
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Shaktikanta Das, Former Governor RBI & Sanjay Malhotra, Governor RBI
The recent depreciation of the rupee has sparked a debate on the relative merits and drawbacks of the fall in value vis-à-vis the US dollar. The recent volatility has been sparked by US President Donald Trump’s tariff policies that have increased uncertainty around the world and have led to a fall in the value of many currencies, not just the rupee.