Articles for tag: Amasses, Balancing, Billion, DAS, Economic, Export, Global, Governor, Growth, Pressures, RBI, Reserves, Rupee, Shaktikanta, Stability, Stabilizes

RBI Governor Shaktikanta Das stabilizes the rupee, amasses $700 billion in reserves, balancing export growth and economic stability amid global pressures.

Shaktikanta Das, the Governor of the Reserve Bank of India, has skillfully balanced the rupee’s stability while supporting Prime Minister Modi’s export goals. India’s foreign exchange reserves have reached nearly $700 billion, echoing China’s past strategies. This approach has made the rupee less volatile, even as it hit record lows close to 84 per dollar. ...