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RBI GOVERNOR - Sufficient Flexibility To Move Policy Rate In Either Direction RBI GOVERNOR - Shift In Stance To Help Ensure That Inflation Brought Closer To 4% Aim

Volatility In Rupee Hurtful: D. Subbarao

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July 30: RBI Governor D. Subbarao speaks about the central bank’s expectations for the currency. “We remain committed to curbing volatility in the foreign exchange rate,” he says, adding that the RBI is not targeting any level for the rupee. However, he refused to comment on the possibility of more tightening measures.