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Rupee fluctuation a problem, says FM

Mint Mumbai

|

November 28, 2023

The government is keeping a continuous watch on the exchange rate, particularly after the slide of the rupee, finance minister Nirmala Sitharaman said on Monday, describing exchange rate fluctuations and high-interest rates as downsides for the Indian economy.

- Rhik Kundu

Rupee fluctuation a problem, says FM

Speaking virtually at the India Global Forum held in the UAE, Sitharaman said high-interest rates, especially in advanced countries, “will have a bearing on investments into India."

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