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.
Denne historien er fra December 07, 2024-utgaven av The New Indian Express Dharmapuri.
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Denne historien er fra December 07, 2024-utgaven av The New Indian Express Dharmapuri.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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WINE, VINES & A PERFECT GETAWAY
A long-awaited one-day vineyard getaway from Bengaluru is finally possible now; and it's as delightful as it is unexpected and affordable...
Boy who evolved as a match-winner
BACK then, few would have imagined a young boy from West Mambalam, Chennai, who enjoyed playing tennis ball cricket with his father Ravichandran, would one day go on to play for his state and then take 537 wickets for India in Tests.
Halep gets wildcard for Oz Open qualifier
SIMONA HALEP was handed a wildcard for Australian Open qualifying on Wednesday as the two-time Grand Slam champion attempts to ramp up her return to tennis following a doping ban.
PKL: Tamil Thalaivas rout Warriorz 60-29
MOEIN SHAFAGHI and Himanshu dished out superb performances as Tamil Thalaivas thrashed Bengal Warriorz 60-29 in their Pro Kabaddi League match here on Wednesday.
EVENTFUL CONTEST BEFORE RAIN FORCES A DRAW
IN the end, the result only seemed fitting. On a day that saw eight wickets fall in 24.1 overs in just over five hours and multiple rain and thunderstorm breaks, India and Australia shook hands to call it a draw at 3.25 PM (local time).
Navy's Kiran sails past stars to corner nat'l glory
UP against two established rivals, Navy's Kiran Ankush Jadhav held his own to come out on top in the men's 50m rifle 3 positions (3P) event of the ongoing national shooting championship at the MP State Academy Shooting range in Bhopal on Wednesday.
Vinicius, Bonmati FIFA Best players of the year
REAL Madrid attacker Vinicius Junior won the FIFA Best men's player of the year award at a ceremony in Doha on Tuesday, while Barcelona midfielder Aitana Bonmati picked up the women's prize for the second time.
Sensex sheds 2k points in 3 sessions ahead of Fed decision
AFTER recovering over the past three weeks following two months of selling, domestic equity market is once again under pressure as investors adopt a cautious stance ahead of the crucial Federal Open Market Committee (FOMC) meeting outcome on Wednesday night.
GIC buys majority stake in AHH for $150 mn
AHH sees growth in specialty healthcare enterprises
Infosys inaugurates new campus in Kolkata
IT services company Infosys on Wednesday announced the inauguration of its new development centre (DC) in Kolkata.
