The Reserve Bank of India will continue to take measures to curb volatility in the exchange rate, Governor Duvvuri Subbarao told reporters on Thursday, on the same day when the rupee fell to a record low of 65.56 per dollar.
The RBI does not target a specific level of the rupee, said the RBI governor, adding the current economic situation requires structural measures.
The rupee closed at 64.55/56 per dollar on Thursday.
|Gold Rate in Chennai||Rs. 28550.00 (-0.24%)|
|Gold Rate in Mumbai||Rs. 29500.00 (0.31%)|
|Gold Rate in Delhi||Rs. 28850.00 (0%)|
|Gold Rate in Kolkata||Rs. 29460.00 (0.41%)|
|Gold Rate in Kerala||Rs. 28100.00 (0%)|
|Gold Rate in Bangalore||Rs. 28170.00 (0%)|
|Gold Rate in Hyderabad||Rs. 28550.00 (-0.42%)|