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RBI does not target any specific rupee level: Guv
Financial Express Bengaluru
|October 16, 2025
THE RESERVE BANK of India (RBI) does not target any price level on the rupee, governor Sanjay Malhotra said at an International Monetary Fund (IMF) and World Bank event on Wednesday.
The rupee has been ina firm downward trend, weighed by US President Donald Trump’s trade policies, including tariffs against India,and geopolitical tensions.
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