Shaktikant Das: RBI Governor said on the fall of rupee, we are adopting the policy of zero tolerance


Posted on 22nd Jul 2022 02:52 pm by rohit kumar

Reserve Bank Governor Shaktikanta Das said on Friday that despite the fall, the rupee remains stable in comparison to the currency of many developed countries of the world. At the same time, he has also said that the Reserve Bank is adopting a zero-tolerance policy on the falling rupee.

 

 

RBI Governor Shaktikanta Das, while speaking during the Economic Conference of the Bank of Baroda, said that the rate of inflation in India has remained almost constant, as well as we have sufficient foreign exchange reserves. The RBI governor has said that the central bank is supplying US dollars to maintain adequate liquidity in the market.

 

 

Let us tell you that according to a report by Swiss brokerage UBS Securities, India has a substantial forex reserve of $580 billion. However, there has been a significant decline in this compared to November last year. In November last year, India had a forex reserve of 642.4 billion dollars.

 

RBI Governor Shaktikanta Das has also said that there is no fixed level in our mind regarding the rupee, but the central bank is taking continuous steps by taking its strength.

 

Also Read: Heatwave dangerous in Europe: more than 1900 deaths in Spain, Portugal alone; Know 5 big reasons for this record-breaking heat

1 Like 0 Dislike
Previous news Next news
Other news

The Home Minister demolished the arguments of the opposition and said, 'Theft will not be tolerated in Waqf anymore, everyone will have to obey the law'

Home Minister Amit Shah has thrashed the opposition's allegations against the Waqf Amendment Bill

'Bengali is the language of Bangladeshis...', CM Mamata Banerjee got angry at the Delhi Police's letter, and the BJP retaliated

The uproar over the alleged use of the Bengali language 'Bangladeshi' in an alleged letter of the

GRAP3: GRAP phase 3 restrictions re-implemented in Delhi-NCR, know what the instructions on BS3 petrol, BS4 diesel cars

The Commission for Air Quality Management (CAQM) on Friday, January 3 imposed Graded Response Act

Effect of noise on studies: More traffic weakens children's memory, and brain development can be stunted by 23.5%

Children's memory is weak due to high traffic on the school route while going to school. Research

Sambhal: The electricity department team reached SP MP Bark's house for inspection, checked the load along with the meter reading

Faults have been found in the electricity meter installed by SP MP Ziaur Rahman Bark and former M

Dawood Ibrahim Poisoned: Is Dawood Ibrahim killed? Was admitted to hospital due to poison, why the fear of death?

The news of the murder of underworld don mafia leader Dawood Ibrahim is coming out in Karachi, Pa

Most Powerful Passport 2022: Japan's passport again topper, India slips 4 places in the ranking, Pakistan's fourth weakest passport in the world

Henley & Partners, the organization that issues passport rankings, has released the Henley Pa

IND vs ENG: Root's poor form continues in Asia, Bumrah was sent to the pavilion for the ninth time in the Test; Bairstow failed again

The third match of the five-match Test series between India and England is going on at the Niranj

Vivo X90 series launched renders of Samsung Galaxy S23 excited, see all the special features of both

Vivo X90 Series: Vivo X90 5G series was launched in China on 22 November 2022. In this series, th

Asia Cup 2023: There was talk of shifting the Asia Cup Super-Four and final match to Colombo, Hambantota, know the matter

The Asian Cricket Council (ACC) has decided to hold the Asia Cup Super-4 and the final match in C

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash