Market Regulation News

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RBI Should Allow Rupee Weakness Instead Of Burning Reserves: Arvind Panagariya
Market Regulation News

RBI Should Allow Rupee Weakness Instead Of Burning Reserves: Arvind Panagariya

Arvind Panagariya urged the RBI to allow rupee depreciation instead of aggressively defending the currency. He warned that sustained intervention could drain forex reserves.
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  • 22 May 2026