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Weak currency to aid exports; US rate hikes, geo-political tension exerting pressure on rupee: Finmin, ET Auto

In a written reply in the Lok Sabha, minister of state for finance Pankaj Chaudhary also said spill-overs from geo-political tensions, aggressive monetary policy tightening across the world and recent surge in crude oil prices are some of the factors exerting pressure on the rupee against the dollar.

Weak currency to aid exports; US rate hikes, geo-political tension exerting pressure on rupee: Finmin

In a written reply in the Lok Sabha, minister of state for finance Pankaj Chaudhary also said spill-overs from geo-political tensions, aggressive monetary policy tightening across the world and recent surge in crude oil prices are some of the factors exerting pressure on the rupee against the dollar.

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