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

Other news

Sharad Yadav Passes Away: Home Minister Amit Shah paid tribute to Sharad Yadav, Rahul Gandhi also paid his last visit

Former National President of Janata Dal-United and former Union Minister Sharad Yadav died at For

Uniform Civil Code: UCC will be implemented in Uttarakhand today, CM will inaugurate the portal and rules

After two and a half years of preparations, the Uniform Civil Code (UCC) is going to be implement

Dangerous tests were done on humans in this unit of the Japanese army, its story is horrifying

'Unit 731' is an example of the extent to which a human being can hate another human being. The e

Weather Update: Cold wave in plains due to snowfall in Himachal-Uttarakhand, the mercury reached below zero

Due to snowfall on the high peaks of Himachal and Uttarakhand, the cold has increased in the plai

America gave visas to 36% more Indians this year: Said- India is the top priority for us, now visas of IT professionals will be renewed in the US

India is the number-1 one priority of the US in terms of getting an American visa. According to U

UN on Bharat Row: '...then we will consider the application', UN gave an important statement on India vs. India dispute

These days there is a controversy going on in India regarding changing the name of the country. P

Where did Tahawwur Rana spend his first night? What has happened to the terrorist since he arrived in India?

Mumbai terror attack mastermind Tahawwur Rana was finally brought to India on Thursday evening. R

Taliban's business deal: Afghan government will buy cheap oil, LPG, and wheat from Russia; This is the first agreement of the Taliban with any country.

On August 15 last year, the terrorist organization Taliban, which seized power in Afghanistan, ma

Sandeshkhali Violence: Now controversy over 'Khalistani' comment heated up in Bengal, ADG said - will take action against Suvendu; BJP gave clarification

Sandeshkhali Violence: Amidst the ongoing politics regarding the Sandeshkhali incident in West Be

Ranveer Allahbadia: Ranveer Allahbadia made an emotional post for himself, wrote- Life is a storm...

Ranveer Allahbadia on Monday night (April 14) took to his Instagram to share a post that grabbed