https://www.taxtmi.com/news?id=1017 The statement treats rupee appreciation as evidence of economic strength from fundamentals and capital inflows, and explains that while the RBI or government can intervene, such foreign exchange intervention is constrained when movements are non-volatile, two-way, and driven by fundamentals. en-us Thu, 08 Oct 2009 22:16:10 +0530 Thu, 08 Oct 2009 22:16:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1017 The statement treats rupee appreciation as evidence of economic strength from fundamentals and capital inflows, and explains that while the RBI or government can intervene, such foreign exchange intervention is constrained when movements are non-volatile, two-way, and driven by fundamentals. News - Thu, 08 Oct 2009 22:16:10 +0530 https://www.taxtmi.com/news?id=1017