New Delhi, Feb. 14 -- Finance Minister Nirmala Sitharaman addressed concerns regarding the Indian rupee's depreciation during her response to the FY26 Budget discussion in the Rajya Sabha on Thursday.
The Finance Minister assured that both the government and the Reserve Bank of India are actively working to stabilise the currency while maintaining continuous oversight of its fluctuations.
In her comprehensive address, Sitharaman emphasised the complex relationship between currency valuation and economic competitiveness.
She noted that overvalued currencies can potentially undermine national competitiveness by making exports more expensive, necessitating additional support for domestic companies.
This observation comes amid ongoing dis...
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