RBI Governor Speaks On Rupee Fall: 'Our Interventions In Forex Market...'
RBI Governor Sanjay Malhotra says the RBI's interventions in the forex market focus on smoothening excessive and disruptive volatility rather than targeting any specific exchange rate level or band. The exchange rate of the Indian rupee is determined by market forces.
RBI Governor Sanjay Malhotra says the RBI's interventions in the forex market focus on smoothening excessive and disruptive volatility rather than targeting any specific exchange rate level or band. The exchange rate of the Indian rupee is determined by market forces.
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