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 world's reserve currency.
Esta historia es de la edición December 07, 2024 de The New Indian Express Tirupati.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 07, 2024 de The New Indian Express Tirupati.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Do early screening to prevent vision loss due to diabetes
DIABETIC RETINOPATHY
GREEN CORNER IN BOXING DAY BOUT
MCG curator says grass on the surface should excite pacers
Beau is not afraid of Test challenges
IMAGINE being Beau Webster. You had just helped Tasmania beat New South Wales at the Sydney Cricket Ground in the Sheffield Shield game around late November. A 61 and 49 with the bat while taking five wickets across two innings. You get called up as cover for Mitchell Marsh ahead of the pink ball Test against India.
Scrap dealer's son Sairaj claims gold
SAIRAJ Pardeshi was pretty clear what he had to become when he was only eight.
Naveen & Lokesh one hit away from national glory
IT was a mixed outing for shuttlers from Tamil Nadu in the ongoing Senior National Badminton Championships in Bengaluru on Monday.
Hyderabad FC squander 2-goal lead to suffer loss
HYDERABAD FC have endured a difficult run in the ongoing Indian Super League so far. And things turned from bad to worse on Monday.
Razorpay grants employees ₹1L ESOPs to mark 10-yr of operation
FINTECH major Razorpay is awarding employee stock option plans (ESOPs) worth ₹1 lakh to all its current employees as part of its 10 years celebration.
Honda-Nissan to be 3rd-largest carmaker
JAPANESE auto giants Honda and Nissan have announced plans to merge operations, creating the world's third-largest automaker by sales, trailing only Toyota and Volkswagen.
Adani Defence acquires 85.8% in Air Works
ADANI DEFENCE Systems & Technologies Ltd. (ADSTL) in acquiring 85.8% shareholding in Air Works (AWIEPL), India's largest private sector MRO company with the largest pan-India footprint, said the Adani Group company on Monday. ADSTL will acquire the stake at an enterprise value of ₹400 crore.
Women represent 20% of crypto exchange CoinDCX's high networth customers
WITH the increasing adoption of cryptocurrency, women are now representing 20% of crypto exchange CoinDCX's HNI (high net-worth individual) customers.
