Tag: Finance Ministry official

Sensex down 150 points, rupee at 73

Despite falling rupee, India in exceptional period of stability: Finance Ministry official

As the Indian rupee plunged to a fresh record low of 70.60 to a US dollar on Wednesday, a top government official said there is no need to be alarmed as despite the short-term volatility, the country is going through “an exceptional period of stability”. The official said if one takes the long-term view, the rupee is not depreciating[Read More…]





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