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 Vellore.
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Denne historien er fra December 07, 2024-utgaven av The New Indian Express Vellore.
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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I Know How to Play Real Characters
Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life
Of Our Non-violent Ancestors
Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation
The Corrosive Power of Pride
Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth
Market on the Sands
The Rathgama Wella Fish Market
Market on the Sands
The Rathgama Wella Fish Market
Stop Inane and Diversionary Debates, and Focus on What Really Matters
Acute Angle
Stepping Across the Worry Lines
The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity
Every Woman's Brushstrokes
A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.
Untangled Threads He Weaves
An embroiderer who grew up poor is a celebrity in demand with collectors and artists
Untangled Threads He Weaves
An embroiderer who grew up poor is a celebrity in demand with collectors and artists
