He also stated that the government has not taken any steps towards de-dollarisation but is only looking at de-risking its domestic trade from geo-political upheavals.
"There is no de-dollarisation bid on the table," Das stressed categorically and also ruled out offering an assessment on how that will impact the rupee if higher tariffs are imposed by the US on our imports.
In responding to a media question at the customary post-policy presser here Friday, where RBI left the key repo rate unchanged at 6.5% for an 11th consecutive time but cut the cash reserve ratio by 50 basis points to 4%, the governor also said it is too early to assess how such punitive tariffs would impact the rupee, which has already been reeling under an impact of a rally in the greenback.
Responding to a question on Trump's threat to impose 100% tariffs on goods coming in from BRICS countries, including India, if there are attempts made to undermine the dollar as the world's reserve currency.
هذه القصة مأخوذة من طبعة December 07, 2024 من The New Indian Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 07, 2024 من The New Indian Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Wake-up call
Actor Thambi Ramaiah on the importance of making films that promote moral values, working with his son Umapathi, his bond with Samuthirakani, and more
'I fled Iran because I have more stories to tell'
..saysS Mohammad Rasoulof, an Iranian filmmaker living in exile in Germany, whose latest work, The Seed of the Sacred Fig, represents his adopted country at the Oscars
Paul Mescal to play Paul McCartney?
In a conversation with Christopher Nolan at the Directors Guild of America in Los Angeles, Scott confirmed that he is working on a post-apocalyptic thriller titled The Dog Stars.
Meet the parents 4 in the works
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ASAP Rocky to play the lead in High and Low
In a major cast announcement in Spike Lee's High and Low, American rap artist ASAP Rocky has joined the film as the lead actor.
DHANUSH'S NEEK TO RELEASE IN FEBRUARY 2025
DHANUSH's upcoming directorial Nilavukku En Mel Ennadi Kobam (NEEK) has set a Valentine's week release in 2025.
Melding melody with magic
COME December, the Chennai sun softens its glare; the sultry air gives way to a refreshing coolness, and the breeze whispers through the streets.
ON A LEGEND'S FOOTSTEPS
Garnering praises Viswanathan had more than one reason to remember that character that fetched him the Kodai Nataka Vizha award. It was made more special when eminent theatre and cine actor VS Raghavan, who was also the chief guest, said, \"Ramesh lived with the character.\"
Publicity stunt or showcasing stupidity?
The columnist is a writer and illustrator
CHRISTIAN DIOR'S DESIGNER OF DREAMS EXHIBITION HEADS TO SAUDI ARABIA
FASHION tourism has emerged as a booming trend in recent years, as style-conscious travellers increasingly seek destinations that blend cultural exploration with sartorial experiences.
