RBI to continue efforts to curb rupee volatility; external factors driving currency fall: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said the rupee’s recent slide against the dollar is largely driven by global uncertainties, not domestic weakness. She highlighted India’s solid macroeconomic fundamentals and ample foreign‑exchange reserves, and affirmed that the Reserve Bank of India will maintain measures to stabilise the currency and limit volatility. The central bank is monitoring market trends and ready to intervene if needed.