This assumes importance in strengthening financial stability amid global economic headwinds which saw inflation across the globe skyrocketing following supply side disturbance as a result of the Ukraine-Russia war. The 26th FSDC meeting held in Mumbai was chaired by the union finance and corporate affairs minister Nirmala Sitharaman.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting