Rupee depreciation more because of US dollar strength than weakness in fundamentals: RBI Governor

Mumbai (Maharashtra) [India], August 5 (ANI): The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.

"Market interventions by the RBI have helped in containing volatil