RBI Stands Firm on Forex Policy Amidst Global Economic Pressures
In a bold move to shield the Indian economy from escalating global economic risks, the Reserve Bank of India (RBI) has reaffirmed its stance on foreign exchange (FX) policies. The central bank's recent statement comes in response to a series of alarming trends in international markets, emphasizing its commitment to stabilize the Indian Rupee (INR) and maintain control over the country's foreign exchange reserves.
Continue readingIndia's Economic Resilience Amidst Global Uncertainties: Insights from RBI Governor Shaktikanta Das
In a recent address, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the resilience of India’s economy in the face of mounting global challenges. Speaking at an event hosted by the Indian Chamber of Commerce, he acknowledged that, while the world grapples with various economic headwinds, India remains in a relatively strong position, navigating through these hurdles with confidence.
Continue reading