
The rupee is expected to appreciate once the situation in West Asia normalises, said Reserve Bank of India Governor Sanjay Malhotra. He said the domestic currency is currently undervalued due to the recent decline caused by the Gulf crisis

The currency may now be undervalued following its recent slide versus the dollar, RBI Governor Sanjay Malhotra said

A gauge of the rupee’s competitiveness against other currencies stood at 90.96 in April, showing the currency is likely undervalued against peers
The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and reserves to manage volatility. Inflation remains the primary focus for monetary…
The Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. The central bank will act if price increases become widespread. India's monetary policy remains neutral, allowing flexibil…
The Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. The central bank will act if price increases become widespread. India's monetary policy remains neutral, allowing flexibil…

The Reserve Bank of India under Governor Sanjay Malhotra has managed to avoid raising rates for a while, but with pressure from forex markets mounting, it may have to tighten credit. The central bank may face bigger problems later if it puts off rate hikes fo…
RBI Governor Sanjay Malhotra flagged persistent issues such as limited product diversity in interest rate derivatives and underdevelopment of credit derivatives.