India has comfortable forex reserves to deal with any undue volatility in currency market: Jaitley

Union Minister Arun Jaitley today said, India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market. Mr Jaitley's reaction came, a day after the Indian currency hit an all-time low of 70.1 to a US dollar.  In a series of tweet, Mr Jaitley said, recent developments relating to Turkey have generated global risk aversion towards emerging market currencies and the strengthening of the dollar. He said, the country's macro fundamentals rem...