Economy · India
RBI Official Sees Case for Rupee Appreciation
Reserve Bank of India (RBI) Deputy Governor Poonam Gupta stated that there is a "fair case" for the Indian Rupee to not only stabilize but also appreciate. This outlook is supported by India's decreasing dependence on imported oil, attributed to the exploration of alternative energy sources and efforts to discover domestic oil reserves.
How outlets across the spectrum covered it
L 0 C 6 R 0
- Centre (6 votes, 7 outlets): Amar Ujala, Business Standard, Business Today, The Economic Times, The Financial Express · The Indian Express (Indian Express Group — 1 vote), The Hindu BusinessLine
- International (1): Bloomberg