RBI present in FX market, will not allow jerky movements: deputy guv Patra1 min read 24 Jun 2022, 02:45 PM IST
‘We will not allow disorderly movements in the rupee. We have no level in mind, but we will not allow jerky movements,’ Patra said.
Mumbai: The Reserve Bank of India Deputy Governor Michael Patra on Friday made it clear in no uncertain terms that the central bank is intervening in the market to defend the rupee against any volatility.
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