The Reserve Bank remains agile and watchful, continuously monitoring the liquidity situation and is ready to undertake liquidity operations on either side so that overall liquidity remains adequate to meet the requirements of the productive sectors of the economy. Exchange Rate of the Indian Rupee 27.
In recent weeks and days, movements in the exchange rate of the rupee (INR) have been the subject of animated discussion in the media and other fora. Talk of unidirectional downward descent and the RBI's defence are dominating the narrative in the public space. It is, therefore, important to address the issue free of emotions and fully loaded with the facts.