Raghuram Rajan Advises Against Excessive Forex Reserve Use to Defend Rupee
Former RBI Governor Raghuram Rajan advised India against aggressively defending the rupee or depleting foreign exchange reserves amid its 6% depreciation in 2026, the second-worst in Asia. He urged policymakers to avoid panic, take a long-term view, and assess if the current situation is an outlier. Rajan noted that moderate depreciation could benefit exports by enhancing competitiveness but warned that elevated oil prices might widen India's current account deficit. The RBI has intervened to manage inflation and financial stability risks.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 42/100.
Outlets measured: timesnow, economictimes, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 27 Oct, 08:04 am. Other outlets followed.