{
  "id": 16728094,
  "title": "Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reserves",
  "url": "https://urgent.news/2026/10/27/resist-temptation-to-defend-at-any-cost-raghuram-rajan-cautions-india",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T08:29:53.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/policy/resist-temptation-to-defend-at-any-cost-raghuram-rajan-cautions-india-against-excessive-use-of-forex-reserves/articleshow/135228668.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Raghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee could only benefit India. The former RBI Governor cautioned against excessive use of foreign exchange reserves to maintain a specific exchange rate level.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}