Rupee performed well due to strong forex reserves, says Piyush Goyal

Quick Summary:

Union Commerce Minister Piyush Goyal on Thursday said the Indian rupee has performed well compared to other global currencies due to the country's strong foreign currency reserves.

Goyal held a meeting with representatives of the industrial association at the AURIC hall on Wednesday to discuss issues related to industrial zones.

He also said that a skill development centre and a startup incubation centre will come up at AURIC (the industrial node of Shendra and Bidkin) in the near term.

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Article Details

Category: BusinessFinance

Markets: IndiaCuba

Topics: Indian rupee Piyush Goyal Forex reserves Rupee Currency Indian forex reserves

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 14:54:41 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 26289721

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