Washington : India’s Union Finance Minister Nirmala Sitharaman said that the rupee is not weakening, we should see it in such a way that the dollar is getting stronger. But if you look at other market currencies, the rupee is doing very well against the dollar. He further said that I would like to discuss matters related to cryptocurrency during the G20. So that the members of the G20 can discuss this and move towards creating a framework or SOP at the global level. A technologically driven regulatory framework can be put in place.
#WATCH , USA: Finance Minister Nirmala Sitharam responds to ANI question on the value of Indian Rupee dropping against the Dollar as geo-political tensions continue to rise, on measures being taken to tackle the slide pic.twitter.com/cOF33lSbAT
— ANI (@ANI) October 16, 2022
Let us inform that Union Finance Minister Nirmala Sitharaman was addressing the media in Washington DC on her official visit to the US where 24 bilateral meetings were held. Besides this, the Secretaries and the Chief Economic Adviser held 25 meetings with their counterparts.
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Addressing the media, the Union Finance Minister said that we have had bilateral discussions with many G20 members. We are presiding at a time when there are so many challenges, we have to work closely with other members to navigate in the best way we can. On this occasion, the Finance Minister said that the rupee is not weakening, we should see it in such a way that the dollar is getting stronger.