Rupee Value Market-Determined, Says Finance Minister

The finance minister said the rupee's value is decided by the market, not the government.

The government and the RBI monitor and sometimes help the rupee when it's too volatile.

They have taken steps to bring in more foreign money, like making it easier for people living abroad to invest in India.

The rupee has been going down in value, which can make exports cheaper but also make imports more expensive.

The RBI has also made some rules to help companies borrow money from abroad more easily.