RBI saved rupee from becoming unstable, says NITI Aayog
The RBI played an “admirable role” in bringing “incredible” stability to the rupee amid demonetisation and global upheavals like Brexit and US elections, NITI Aayog Vice-Chairman Arvind Panagariya said. He further said that the government’s policy was to combat black money, and demonetisation “had to be the part of the overall strategy.”