The rupee depreciated by 14-15 paise to 84.90 per US dollar in the NDF market, traders said. The fall in the rupee is because traders expect changes in the central bank’s currency intervention policy. During Shaktikanta Das’ tenure, the RBI regularly intervened in the foreign exchange market to prevent excess volatility.
Govt seeks House nod for extra ₹51,463 cr spending
The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous