Business · 20 Oct
ఎఫ్పీఐల అమ్మకాలతోనే రూపాయికి తిప్పలు
AI summaryFormer RBI Governor Duvvuri Subbarao stated that the fall of the Indian Rupee against the Dollar is primarily driven by Foreign Portfolio Investors (FPI) selling in domestic stock markets, rather than solely by the Iran war or oil prices. He supported the RBI's recent repo rate hike to control inflation while emphasizing the need to balance growth and economic stability, and endorsed the RBI's measures to attract NRI deposits.
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