Former RBI Chief Raghuram Rajan Advises Against Panic Over Rupee Volatility

Former Reserve Bank of India governor Raghuram Rajan stated that recent rupee fluctuations against the dollar do not indicate a panic situation, citing successful central bank interventions to stabilize currency reserves.

28 Aug, 06:50 — 28 Aug, 06:50

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ndtvMostly Factual4h ago

"Don't Think It's A Panic Situation": Ex-RBI Chief Raghuram Rajan On Rupee

The rupee is currently around 95.50 a dollar, up from nearly 97 in May after the RBI undertook capital raising measures to bring dollars into the country.

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Former RBI Chief Raghuram Rajan Advises Against Panic Over Rupee Volatility

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"Don't Think It's A Panic Situation": Ex-RBI Chief Raghuram Rajan On Rupee

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