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View Full Version : Rupee's Drop in 'So Short a Time' Is a Concern, Reserve Bank's Gokarn Says - Bloomber



NewsWhore
09-25-2011, 01:30 PM
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Rupee&#39;s Drop in &#39;So Short a Time&#39; Is a Concern, Reserve Bank&#39;s Gokarn Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFn1kbfUNm7Sbaz-UYqEzJmmiy7Wg&url=http://www.bloomberg.com/news/2011-09-25/rupee-s-drop-in-so-short-a-time-is-a-concern-reserve-bank-s-gokarn-says.html)
Bloomberg
Sharp movements in the currency can be disruptive and tend to trigger panic, he said in a speech in Washington today. India has not intervened with an exchange-rate target in mind for a long time and there are no plans to change the policy, he said. ...

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