RBI Governor says policy on INR is consistent and aim is to curb excessive volatility

RBI Governor says policy on INR is consistent and aim is to curb excessive volatility.

The RBI Governor's affirmation of a consistent policy on the INR signals a commitment to managing currency stability, likely reflecting concerns about excessive volatility in the exchange rate. This could imply ongoing interventions or policy measures that may influence flow dynamics and risk sentiment in the market, especially in the context of fixed income and other currencies.