Saturday, July 13, 2013

FinMin debunks talks of rupee falling to 70/$

........“We do not like exchange rate volatility. We do not like an excessively weak rupee. We are not trying to target an excessively weak rupee,” Rajan said at an Exim Bank event here on Friday. He said the Reserve Bank of India, SEBI and the Government were closely watching developments in all markets.............

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