Rupee is holding well against advanced and emerging market peers: RBI Governor | business – Times of India Videos

The Reserve Bank of India has said that the Indian currency continues to trade well against other currencies despite a fall against the US dollar. RBI Governor Shaktikanta Das has said that the central bank will continue to engage with the foreign exchange market to ensure that the rupee reaches its level. The Indian currency has hit a record low of 80 against the dollar and opposition parties are targeting the government, claiming that the fall in the value of the rupee reflects the poor condition of the Indian economy. However, the government maintains that the US dollar has risen against most other currencies in the world and the depreciation in the rupee is nothing to worry about.