Kc Chakrabarty

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As the rupee dipped to its all time-low of 54.46 to a dollar in early trade today, leading to increasing calls for arresting its fall at any cost, RBI Deputy Governor KC Chakrabarty said the Reserve Bank intervenes in the forex market only to ...
May 16, 2012 at 10:23 | Source: MoneyControl.com
RBI Deputy Governor KC Chakrabarty has responded by saying that the central bank only intervenes in the forex market to control volatility and not a slide in the value of the currency. "We don't intervene to arrest the rupee fall, we intervene only to ...
May 16, 2012 at 13:44 | Source: Top News India
Commenting on the steep slide, RBI deputy governor KC Chakrabarty said the central bank intervenes in the forex market only to curb volatility and not the slide. "We don't intervene to arrest the rupee fall, we intervene only to arrest the volatility ...
May 16, 2012 at 12:32 | Source: domain-b.com
Other than Subbarao, the meeting was attended by Dr Subir Gokarn, Dr KC Chakrabarty, Anand Sinha, HR Khan; and external members, Dr Shankar Acharya, Dr Rakesh Mohan, Indira Rajaraman, Sudipto Mundle, Errol D’Souza and Ashima Goyal. Most ...
May 15, 2012 at 07:47 | Source: firstpost.com
Earlier in the day, minutes before the rupee hit its record low around noon , RBI Deputy Governor KC Chakrabarty had said that the central bank was "closely observing the rupee's movement" but that it does not intervene to arrest the fall in the rupee.
May 16, 2012 at 08:36 | Source: NDTV
On Wednesday, RBI deputy governor KC Chakrabarty said that the market would decide the value of the rupee and that the central bank would only intervene to halt volatile currency movements caused by speculative trades. • Dollar sales ...
May 17, 2012 at 06:26 | Source: NDTV
The RBI today did not step in to stop the rupee's steep decline. Deputy governor Mr KC Chakrabarty said the central bank was “closely observing the rupee movement... The RBI intervenes to curb the rupee volatility if it is caused by speculation.”
May 17, 2012 at 06:33 | Source: Statesman