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'It's time for rupee to appreciate,' says Piyush Goyal "I believe India's currency should appreciate now. What else will we do with $700 billion (forex reserves)," Goyal said at an event in Mumbai.
Reuters
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<div class="paragraphs"><p>Union Commerce and Industry Minister Piyush Goyal  </p></div>

Union Commerce and Industry Minister Piyush Goyal

Credit: PTI Photo

New Delhi: India's Trade Minister Piyush Goyal said on Monday it is time for the Indian rupee to appreciate on the back of inflows in debt and equity markets.

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"I believe India's currency should appreciate now. What else will we do with $700 billion (forex reserves)," Goyal said at an event in Mumbai.

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(Published 07 October 2024, 16:57 IST)