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    HomeNewsBusinessMarketsRBI intervention may ease volatility in FX mkt: HSBC India

    RBI intervention may ease volatility in FX mkt: HSBC India

    Pradeep Khanna, managing director and head of FX Trading, HSBC India, in an interview to CNBC-TV18, gives his view on how the rupee is going to perform going forward as far as the central bank's intervention is concerned.

    September 23, 2011 / 16:39 IST

    The rupee has suffered its sharpest fall on Friday after it touched a 28-month low. It now costs 49.56 to buy a dollar. Reacting on the rupee's move, the RBI deputy governor Subir Gokarn said that the bank will intervene in the forex market but only to smoothen volatility. 

    Pradeep Khanna, managing director and head of FX Trading, HSBC India, in an interview to CNBC-TV18, gives his view on how the rupee is going to perform going forward as far as the central bank
    first published: Sep 23, 2011 12:30 pm

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