Dr. Sachchidanand Shukla is Group Chief Economist at Larsen and Toubro.
The RBI’s overseas funding window could steady the rupee today, but its real test lies years ahead, when swaps unwind and redemption risks come due.
Sachchidanand Shukla
July 20, 2026 at 4:12 AM IST
istock.com
RBI should hold rates and use communication, liquidity tools and FX operations to manage oil-led inflation and rupee volatility without adding pressure on growth and new credit risks.
June 1, 2026 at 10:39 AM IST