RBI Has Enough Arsenal To Control Exchange Rate: D. Subbarao
  • Elizabeth George
  • Jul 30 2013

July 30: RBI Governor D. Subbarao refuses to comment on the timing and kind of measures likely should the rupee worsen further. “We need to diagnose and prescribe dosage depending on the situation at hand,” he says. Subbarao also speaks about structural measures to contain instead of just financing the current account deficit.