FM Sitharaman Explains RBI's Strategy Amid Rupee Volatility | BNEF 2026

Why is the Indian rupee falling, and what is the Reserve Bank of India doing to control currency volatility? Speaking at the Bloomberg New Economy Forum 2026 in New Delhi, Finance Minister Nirmala Sitharaman addressed concerns over the rupee's depreciation and explained the RBI's approach to managing currency fluctuations. Sitharaman said India's macroeconomic fundamentals remain sound, while external challenges are largely responsible for the pressure on the rupee. She emphasised that the RBI is not attempting to fix the rupee at a particular exchange rate but is working to prevent excessive volatility in the currency market. The Finance Minister also expressed confidence that the central bank would continue taking necessary measures to maintain stability. What does this mean for the rupee, Indian businesses, importers and investors? Watch Nirmala Sitharaman's remarks on the Indian currency, global economic pressures and the RBI's strategy. Subscribe to Business Today TV for more financial news and market updates.