LIVE

LocalBuckley Has Already Had a Second Chance. What Will Indiana’s Supreme Court Do Now MarketsThe Lower Salary Can Be the Better Job Offer – Price the Benefits First BusinessIndonesia faces rare MSCI exclusion that could cut it off from global capital MarketsSK Hynix crashes -20.6% below 20-period MA: Live levels BusinessBeijing’s population expected to become super-aged by 2035 MarketsNikkei 225 teeters above 63,572.5 support: Live levels BusinessGold rises as Warsh remarks curb Fed hike bets MarketsQubic freezes chain after attacker drains 1.4K wallets with weak seeds LocalBritain’s triangle of rage MarketsSavings Bonds Older Than 30 Years Earn Nothing – Find and Cash Yours MarketsAmerica Needs 48,000 Tons of Rare Earth Magnets. It Only Makes 300 WorldKylie Minogue songs already used to train AI as tech firms ‘strong-arm’ Australian government, music body warns LocalObama says Trump officials’ pursuit of Rep. Omar should ‘outrage all Americans’WorldKinship and surveillance: The return of Somali piracy BusinessFlight from Israel diverted after ‘threat’BusinessHow credible are politicians' small business claims?BusinessTAILG Showcases Breakthrough Innovations at the 140th Canton Fair BusinessJio Platforms IPO, Paras Healthcare issue to drive primary market activity this week MarketsIRGC reports oil supertanker, carrying 2 million barrels of crude, 'hit a mine' while sailing an 'unauthorised' route MarketsGold edges higher as traders ease rate hike bets on Warsh speech BusinessMYOB launches Assist app for New Zealand small businesses MarketsAustralia’s Ampol third-quarter Lytton refining margin more than doubles WorldLabor promises $30 weekly cap for Victorian public transport amid push for free travel BusinessChiefs Defense Finally Records Sacks In Impressive Effort Vs. Chargers LocalA 13th Mortgage Payment Each Year Cuts Years Off – Mark It Principal-OnlyTRENDING TICKERS: $NTCT $VG $LSCC $RMNI $III $GIL $QBTS $IQV $VEEV $ASTS $MRP $DOCS $TBLA $YSS $JKS $GPUS $IOT $VRNS $BULL $CNC $TNET $VISN $ERIC $LMT $LUMN $IONQ $C $STM $BSP $MRVLLocalBuckley Has Already Had a Second Chance. What Will Indiana’s Supreme Court Do Now MarketsThe Lower Salary Can Be the Better Job Offer – Price the Benefits First BusinessIndonesia faces rare MSCI exclusion that could cut it off from global capital MarketsSK Hynix crashes -20.6% below 20-period MA: Live levels BusinessBeijing’s population expected to become super-aged by 2035 MarketsNikkei 225 teeters above 63,572.5 support: Live levels BusinessGold rises as Warsh remarks curb Fed hike bets MarketsQubic freezes chain after attacker drains 1.4K wallets with weak seeds LocalBritain’s triangle of rage MarketsSavings Bonds Older Than 30 Years Earn Nothing – Find and Cash Yours MarketsAmerica Needs 48,000 Tons of Rare Earth Magnets. It Only Makes 300 WorldKylie Minogue songs already used to train AI as tech firms ‘strong-arm’ Australian government, music body warns LocalObama says Trump officials’ pursuit of Rep. Omar should ‘outrage all Americans’WorldKinship and surveillance: The return of Somali piracy BusinessFlight from Israel diverted after ‘threat’BusinessHow credible are politicians' small business claims?BusinessTAILG Showcases Breakthrough Innovations at the 140th Canton Fair BusinessJio Platforms IPO, Paras Healthcare issue to drive primary market activity this week MarketsIRGC reports oil supertanker, carrying 2 million barrels of crude, 'hit a mine' while sailing an 'unauthorised' route MarketsGold edges higher as traders ease rate hike bets on Warsh speech BusinessMYOB launches Assist app for New Zealand small businesses MarketsAustralia’s Ampol third-quarter Lytton refining margin more than doubles WorldLabor promises $30 weekly cap for Victorian public transport amid push for free travel BusinessChiefs Defense Finally Records Sacks In Impressive Effort Vs. Chargers LocalA 13th Mortgage Payment Each Year Cuts Years Off – Mark It Principal-OnlyTRENDING TICKERS: $NTCT $VG $LSCC $RMNI $III $GIL $QBTS $IQV $VEEV $ASTS $MRP $DOCS $TBLA $YSS $JKS $GPUS $IOT $VRNS $BULL $CNC $TNET $VISN $ERIC $LMT $LUMN $IONQ $C $STM $BSP $MRVL

Skip to content

Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv Subbarao

Source: Economic Times · Oct 18, 2026 19:45 UTC

Downtown Atlanta office towers and skyline seen from above — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

D Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that do not address structural issues behind capital outflows. The rupee's recent recovery followed the Reserve Bank of India's measures to reduce dollar demand. Subbarao highlights the importance of tax reforms to attract foreign investment in India.

Read the full story at Economic Times

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Economic Times.