BusinessPhoto: Amar BusinessFinance Minister Signals Tougher RBI Steps to Stabilize Rupee
Finance Minister Nirmala Sitharaman indicated at the Bloomberg New Economy Forum that the Reserve Bank of India may take stricter regulatory measures to curb the rupee's volatility. She emphasized RBI's goal is to control excessive currency fluctuations, not fix exchange rates. Her comments on reviewing LTCG and STT taxes boosted domestic markets, adding over ₹3 lakh crore in investor wealth amid global challenges and FII outflows.
Amar Business··New Delhi



