Topics
Rupee | RBI | Rupee vs dollar
Ishaan Gera | New Delhi Last Updated at June 21, 2022 23:41 IST
https://mybs.in/2awMJCQ
The question about the rupee has not changed in the last one year. Now, the discussion has shifted from internal to external factors. The rupee touched a new low against the dollar this week, falling to Rs 78.17. As the Reserve Bank of India (RBI) intervenes in the markets to prevent a free fall — evident from a declining forex chest — the question is whether it is being too conservative in its approach and if the rupee could depreciate more.
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