According to RBI data, the 40-currency basket measuring the rupee's competitiveness shows it was overvalued by 7.21 percent through October-nearly the highest in six years.
But the rupee's decline of 1.5 percent this year against the dollar is the least among Asian currencies. RBI Governor Shaktikanta Das recently noted that the rupee has emerged as one of the least volatile currencies in the world since the start of 2023. Given that excessive volatility can have detrimental effects, RBI's stated policy is to ensure that the exchange rate remains stable, which in turn instils confidence among market participants, investors and the wider economy.
Diese Geschichte stammt aus der November 23, 2024-Ausgabe von The New Indian Express.
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Diese Geschichte stammt aus der November 23, 2024-Ausgabe von The New Indian Express.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Getting Off Medication Against Doctor's Advice Can Lead To Heart Disease
GEORGE (name changed), from Cherthala in Kerala, was 41 when he found out he has high cholesterol during a routine health checkup.
THE MASTER WHO REMAINS A STUDENT
Filmmaker Mani Ratnam opens up in a candid conversation with Gautham Vasudev Menon, reflecting on his creative process, and his enduring humility in the face of a celebrated four-decade career
YEAR OF ORIGINS
Six exceptional prequel films prove how 2024 is one of the best years for origin stories
Kili chronicles
Sudarson Sah, known as the Birdman of Chennai, takes us through personal stories behind the shots of Meiyazhagan and his experiences of parenting and feeding birds and animals
Tumbbad-fame Pankaj Kumar to make directorial debut
According to reports, Tumbbad (2018) cinematographer Pankaj Kumar will be making his directorial debut with the tribal actioner, titled Konyak.
Tiny greens, big impact
• What are microgreens? Microgreens refer to young plants, typically harvested after the first two to four leaves emerge. They are used fresh, as toppings for salads, sandwiches, or soups, providing a gourmet touch and a health boost.
POWER OF POETRY
BODIES, caste, sexuality, desire, and violence—these topics filled the poems penned by Malathi, Kutty Revathi, Salam, and Sukirtharani, in the early 2000s. A new vocabulary of feminist writing slowly solidified.
Sculpting balance
What does it mean to live in harmony with nature? How do we, as modern humans, reconcile assurance with balance or abundance with convenience?
A future where age is just a number
What if we could spend most of our lives in good health?
Gukesh loses as Ding pulls off a classic
After four hours and change in the humble, unglamorous everyday office chair, Ding Liren finally got up. He left the playing hall for a break.
