RBI governor says FDI outflows and forex
Reserve Bank of India Governor Sanjay Malhotra said short-term fluctuations such as net foreign direct investment outflows and exchange-rate movements are cyclical and are being closely monitored by the central bank.
Speaking at a round-table in New York attended by global financial institutions and investors, Malhotra highlighted ongoing reforms aimed at simplifying regulations, improving ease of doing business and expanding market access for foreign investors.
RBI officials also showcased India’s macroeconomic strength, citing low inflation, manageable current account deficit and strong foreign exchange reserves of around $700 billion.
The discussions reinforced India’s position as one of the fastest-growing major economies and highlighted continued policy efforts to strengthen investor confidence and integrate domestic and global financial markets.
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