Central Bank Strategy: RBI Accepts Softer Rupee to Balance Global Headwinds

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

India’s central bank will tolerate a weaker rupee as dollar inflows dwindle, sources say. The currency hit a record low of ₹90 per US dollar, pressured by foreign outflows and global interest rates. RBI aims to limit volatility, prioritizing economic resilience over defending a fixed exchange rate.