https://www.taxtmi.com/news?id=12879 India's foreign exchange reserves increased from March 2013 to March 2014, attributed to intervention in the foreign exchange market by the Reserve Bank of India to manage the rupee and guard against volatility without targeting a specific rate. In 2013-14 interventions provided a buffer against elevated vulnerability indicators expressed as proportions of reserves and underline the use of reserves as a policy tool for volatility mitigation rather than exchange rate targeting. en-us Wed, 09 Jul 2014 12:27:01 +0530 Wed, 09 Jul 2014 12:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12879 India's foreign exchange reserves increased from March 2013 to March 2014, attributed to intervention in the foreign exchange market by the Reserve Bank of India to manage the rupee and guard against volatility without targeting a specific rate. In 2013-14 interventions provided a buffer against elevated vulnerability indicators expressed as proportions of reserves and underline the use of reserves as a policy tool for volatility mitigation rather than exchange rate targeting. News - Wed, 09 Jul 2014 12:27:01 +0530 https://www.taxtmi.com/news?id=12879