https://www.taxtmi.com/news?id=40300 The Reserve Bank of India does not target a specific rupee-dollar exchange rate level or band and intervenes in the forex market only to counter excessive or disruptive volatility. The Governor affirmed reliance on market-determined levels due to the depth of Indian markets while reserving the option to act if volatility becomes destabilising, and linked intervention policy to wider global uncertainties, trade tariffs, and domestic capital flow pressures. en-us Wed, 09 Apr 2025 14:31:04 +0530 Wed, 09 Apr 2025 14:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40300 The Reserve Bank of India does not target a specific rupee-dollar exchange rate level or band and intervenes in the forex market only to counter excessive or disruptive volatility. The Governor affirmed reliance on market-determined levels due to the depth of Indian markets while reserving the option to act if volatility becomes destabilising, and linked intervention policy to wider global uncertainties, trade tariffs, and domestic capital flow pressures. News - Wed, 09 Apr 2025 14:31:04 +0530 https://www.taxtmi.com/news?id=40300