Reserve Bank of India Governor D Subbarao today said the country's foreign exchange reserves are quite comfortable and there is no threat to it from the euro zone crisis. He said in Pune that our reserves are being managed efficiently with help from experts.The RBI Governor said, India need not be overly concerned about the development.On inflation, Subbarao said it is not at a peak level but still at a higher level than what the apex bank would like it to be.
News On AIR | June 1, 2010 4:54 PM
Foreign exchange reserves comfortable: Subbarao