Why does RBI seem to believe that rupee is ‘undervalued’? | Explained
Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: Reuters The story so far: The Reserve Bank of India (RBI) Governor Sanjay Malhotra, in a recent interview with Business Line, reiterated that the Indian rupee is “undervalued”. This has drawn attention because central bankers rarely comment on whether a currency is priced…
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