Rupee Under Pressure Despite RBI Spending Billions To Defend Currency | WION

Описание: Reserve Bank of India is facing a growing challenge as the rupee remains under pressure despite reportedly spending nearly $30 billion to stabilise the currency. Rising oil prices, global uncertainty and capital outflows are complicating India’s economic balancing act between controlling inflation and supporting growth. Analysts say higher interest rates alone may not solve the deeper structural pressures weighing on the rupee and India’s import-heavy economy.

#india #rbi #ruppes

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