Rupee settles against USD; There has been a decline of only 7.4 per cent in this fiscal: RBI Governor Shaktikanta Das | business – Times of India Videos

Addressing a press conference on 30 September, Reserve Bank of India Governor Shaktikanta Das said that the movement of the Indian rupee has been methodical compared to most other countries; The Indian rupee has depreciated by 7.4 per cent against the US dollar in this financial year. During the current fiscal year till September 28, the US dollar has gained 14.5 per cent against a basket of major currencies. Although the movement of the Indian rupee has been steady as compared to most other countries; Shaktikanta Das said the Indian rupee has depreciated by 7.4 per cent against the US dollar.