Will the rupee stop by reducing non-essential imports? Know what is the opinion of the expert



TV9 Bharatvarsh | Edited By: Richa Ojha


Updated on: Mar 19, 2023 | 3:30 p.m.




It has also been said in a report that not much steps will be taken by the Reserve Bank in the coming days to stop the fall of the rupee and even if the rupee crosses the level of 83 against the dollar, the Reserve Bank will mediate. Will not happen.

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In view of the increasing current account deficit in the country, the government can curb the import of some non-essential items. The Commerce Secretary has given this information. For the last few months, there has been a decline in exports from the country and imports have increased continuously, due to which the current account deficit is increasing. Along with this, there is also pressure on the rupee. On the other hand, it has also been said in a report that not much steps will be taken by the Reserve Bank in the coming days to stop the fall of the rupee and even if the rupee crosses the level of 83 against the dollar, the Reserve Bank will There will be no arbitration.