Former SEBI member urges RBI to align rates, rupee, capital flows
Former SEBI member urges RBI to align rates, rupee, capital flows — A former SEBI official recommended the Reserve Bank adopt a coordinated strategy on interest rates, exchange rates, and foreign capital flows. This comes amid $20B in FPI outflows over the past quarter and 7.2% depreciation in the rupee. An integrated approach could stabilize markets and improve investor confidence.
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