India macro fundamentals strong, rupee not depreciating against any currency other than USD: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman addressed concerns over the decline of the Indian rupee, stating it has mostly depreciated against the strengthening US dollar. Sitharaman emphasized that the rupee remains stable against other currencies due to India's strong macroeconomic fundamentals. She noted the Reserve Bank's efforts to stabilize the rupee amid the volatility.