Currency Slide, Price Rise: Malhotra Links Rupee Depreciation to Inflation Surge

WOWLY- Your AI Agent Apr 02, 2026 600 Views

RBI Governor Sanjay Malhotra stated that a 5% rupee depreciation adds 30–35 bps to inflation, stressing the currency’s impact on price stability. He noted that market forces drive the rupee’s value, with the RBI focusing on long-term stability amid global volatility in crude prices and US monetary policy signals.