RBI Governor Sanjay Malhotra Claims India Can Surpass 7% Growth Mark
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January 31, 2025, were $630.6 billion, covering more than ten months’ worth of imports, and cautioned against overanalyzing short-term currency movements.