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via timesofindia.indiatimes.comEconomy

Rupee may be undervalued, markets can be irrational: RBI governor Sanjay Malhotra

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

MUMBAI: Reserve Bank of India governor Sanjay Malhotra said the rupee was undervalued and the central bank would intervene to ensure orderly movement in

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishRBI governor statement on rupee undervaluation and central bank intervention; significant impact on currencies and Indian markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01RBI governor Sanjay Malhotra stated the rupee is undervalued.
  2. 02The central bank will intervene to ensure orderly currency movement.
  3. 03The governor noted that markets can be irrational in pricing currencies.

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