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Aug 03, 2022, 05.00 PM

No collapse in value of Indian rupee: Sitharaman

The rupee has seen more fluctuations against the US dollar and its performance is much better than its own peers , Sitharaman reportedly said. 

Sitharaman reportedly said that the RBI is continuously monitoring the local currency and intervening only if there is volatility.

Finance Minister Nirmala Sitharaman asserted there is no collapse in value of Indian rupee and it is actually finding its natural course, according to reports,

Sitharaman reportedly said that the RBI is continuously monitoring the local currency and intervening only if there is volatility.

The rupee has seen more fluctuations against the US dollar and its performance is much better than its own peers , Sitharaman reportedly said. 

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