RBI Governor Shaktikanta Das on Friday stated that the Indian economic system is comparatively higher positioned amid grim scenario within the world market. He stated that the rupee is holding up nicely as in comparison with its superior and rising market friends.
Speaking on the BOB Annual Banking Conclave 2022, Das stated that the central financial institution has been supplying US {dollars} to the market to make sure satisfactory provide of liquidity and in addition famous that it’s vital to have a look at unhedged foreign exchange exposures factually, slightly than being alarmed by it.
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