Steps to counter Indian rupee's depreciation under consideration, trade minister says

​India is ‌considering several steps ​to counter the depreciation ‌of the rupee, trade minister Piyush Goyal said on ‌Thursday, adding that New ‌Delhi is monitoring the situation.

"We are monitoring the situation ... and ⁠several ​steps ⁠are under consideration. The situation is ⁠globally quite challenging," Goyal said.

Goyal's ​comments come as the ⁠rupee has hit successive record lows ⁠and ​weakened more than 6% since the ⁠U.S.-Israel war on Iran drove up ⁠crude ⁠prices.