Tue Jan 13 15:55:04 UTC 2026: ### Rupee Breaches Psychological Barrier as RBI Governor Declares Market-Driven Pricing

The Story:

The Indian Rupee has crossed the Rs 90-per-dollar threshold, triggering concerns among the public. In response, Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI), stated that market forces will determine the currency’s price. This statement comes at a time of heightened economic scrutiny and public anxiety regarding the Rupee’s devaluation.

Key Points:

  • The Indian Rupee has depreciated beyond Rs 90 against the US dollar.
  • This decline is causing psychological unease among the Indian population.
  • Sanjay Malhotra has replaced Shaktikanta Das as the RBI Governor.
  • The new Governor has affirmed that the market will dictate the Rupee’s value.

Key Takeaways:

  • The Rupee’s fall below the 90 mark signals potential economic vulnerabilities that need to be addressed.
  • The RBI’s stance on market-determined pricing suggests a hands-off approach to managing the Rupee’s exchange rate.
  • The change in RBI leadership adds another layer of complexity to navigating these economic challenges.

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