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    <title>No Fundamental Reason for Rupee Volatility: Dr. Raghuram Rajan</title>
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    <description>Exchange rate stability is attainable as recent rupee volatility lacks a fundamental cause. External accounts have improved via higher exports, lower imports and a smaller trade deficit reducing the Current Account Deficit, and alternative financing plus prior inflows can offset potential FII outflows. OMC dollar demand has been managed through RBI dollar sales and swaps; repayment can be met by market purchases, rollovers, or net rupee settlement to avoid exchange pressure. Domestic data show weak growth and high food inflation while core inflation momentum eases; RBI will monitor incoming data before changing policy and will conduct open market operations to ease liquidity.</description>
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    <pubDate>Wed, 13 Nov 2013 18:10:10 +0530</pubDate>
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      <description>Exchange rate stability is attainable as recent rupee volatility lacks a fundamental cause. External accounts have improved via higher exports, lower imports and a smaller trade deficit reducing the Current Account Deficit, and alternative financing plus prior inflows can offset potential FII outflows. OMC dollar demand has been managed through RBI dollar sales and swaps; repayment can be met by market purchases, rollovers, or net rupee settlement to avoid exchange pressure. Domestic data show weak growth and high food inflation while core inflation momentum eases; RBI will monitor incoming data before changing policy and will conduct open market operations to ease liquidity.</description>
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