The deputy governor of Reserve Bank of India, Subir Gokaran said today in Mumbai that any action to arrest the depreciation of the rupee will be guided by medium – term considerations. While speaking to reporters in Mumbai today Gokaran said that the rupee depreciation is moving as per market dynamics and the fall in the value of the rupee will particularly impact India's energy import bill.Mr. Gokaran said that any action taken by the RBI to arrest the fall of the rupee might have consequences in the near future. He said that the immediate impact of the fall in the value of the rupee will be on the inflation rate which has been hovering near the double – digit mark for several months.