• I believe markets in the long run are very efficient
• Fluctuations can happen, effort is to reduce undue volatility
• We have sufficient reserves, current account mangeable
• Should get good capital flows going forward due to good fundamentals

The RBI seems to confirm that it won’t waste reserves again trying to intervene in the market to stop the INR depreciation.

This article was written by Giuseppe Dellamotta at investinglive.com.



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