Entity Reserve Bank of India

India’s central bank, responsible for monetary policy, foreign-exchange management and exchange-rate market operations.

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A June 2026 reel revives Narendra Modi’s pre-PM attacks on rupee weakness as the currency trades in the mid-₹90s per US dollar. The comparison is relevant to political accountability, but 2013 and 2026 exchange-rate moves reflect different mixes of external shocks, domestic vulnerabilities, capital flows and RBI intervention; ₹/US$ alone does not prove one prime…

Open Post: The rupee has weakened sharply since 2013, but ₹/US$ alone is not a prime-minister scorecard