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  4. Rupee has held up very well against dollar compared to other currencies: FM

Rupee has held up very well against dollar compared to other currencies: FM

Against the backdrop of the rupee dropping to a lifetime low against the greenback, Sitharaman said the Reserve Bank and the finance ministry are keeping a very close watch on the situation.

PTI Reported By: PTI New Delhi Published on: September 24, 2022 20:41 IST
Rupee has held up very well against dollar compared to
Image Source : PTI Rupee has held up very well against dollar compared to other currencies: FM

Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" against the US dollar when compared to other currencies. Against the backdrop of the rupee dropping to a lifetime low against the greenback, Sitharaman said the Reserve Bank and the finance ministry are keeping a very close watch on the situation.

"If any one currency which has held its own and did not get into fluctuation or volatility as much as other currencies, it is the Indian rupee. We have held back very well," she told reporters here. 

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