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

https://mins.news/en/item/89528

- Reuters, 2026-10-07 11:25 UTC
- Economy
- Original: https://www.reuters.com/world/india/india-rbi-chief-says-markets-can-be-irrational-short-term-rupee-may-be-2026-10-07/?link_source=ta_bluesky_link&taid=6ac62c0da431ad00017b19b9

> 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.

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