‘We should not focus on day-to-day Re volatility’: Governor Sanjay Malhotra – The Times of India
MUMBAI: RBI has broken its silence on exchange rate movements, with governor Sanjay Malhotra saying the central bank will “ensure orderliness and stability without compromising market efficiency”.Economists and forex dealers speculate that RBI’s stance may have shifted with the arrival of Malhotra, as the sharp fall in the rupee’s value coincided with his appointment. While…