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RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra
The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and reserves to manage volatility. Inflation remains the primary focus for monetary policy. India's economic fundamentals are strong despite global pressures.
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thehindubusinessline.com
Rupee plunge sees India turn to 2013 taper tantrum playbook
India's RBI faces a currency crisis, considering 2013 strategies to stabilize the rupee amid record lows and rising import costs.
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theprint.in
RBI may revisit 2013 crisis playbook as rupee slides to record low
With the rupee nearing 97 against the dollar, the RBI is weighing rate hikes and dollar-raising measures to stem investor panic and capital outflows.
