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EconomyIndia RBI chief says markets can be irrational as rupee nears record lows

Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that financial markets may behave irrationally in the short term, while several indicators suggested the rupee was undervalued as it returned close to record lows.

India central bankrupeefinancial markets

RReuters★★★☆☆2026-10-07 11:25Original

India RBI chief says markets can be irrational as rupee nears record lows
India RBI chief says markets can be irrational as rupee nears record lowsEconomy