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07 Feb 2017

RBI saved rupee from turning volatile: Arvind Panagariya

The RBI played an "admirable role" in bringing "incredible" stability to the rupee in the face of demonetisation and global upheavals like Brexit and the US elections, NITI Aayog Vice Chairman Arvind Panagariya has said.

23 Jun 2016

What Brexit could mean for India and its markets

Rajan's bombshell, coming just ahead of the Brexit vote on June 23, could trigger volatility in the stock bond and currency markets.

11 Oct 2015

RBI net seller of dollars in August, sells USD 1.559 billion

The Reserve Bank of India sold net USD 1.559 billion in the month of August in order to curb rupee volatility in the currency market.

24 Aug 2015

Raghuram Rajan says enough reserves to contain volatility, hints at rate cut

"I wish to reassure the markets that our macroeconomic factors are under control as the economy is in much better position relative to many other economies," Rajan told the IBA-Ficci organised banking summit Fibac.

24 Aug 2015

No apprehension in using reserves to reduce rupee volatility: Raghuram Rajan

Rajan said, once market volatility settles down, India should emerge again as an investment destination of choice. He also said that the crude prices may remain soft for a year or two.

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