October 8, 2009 12:00 AM

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Volatility of Rupee needs to be maintained: Chakraborty

The Reserve Bank Deputy Governor Mr. K.C. Chakrabarty on Wednesday said that the apex bank was concerned about the volatility of the Rupee and not the appreciation or depreciation of it. The Deputy Governor of RBI told reporters on the sidelines of a MSME Knowledge conclave organized by the ICICI Bank in Mumbai today. He said that volatility needs to be managed by the market players.

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