Moneycontrol PRO

business

RBI has ample $ reserves to deal with rupee volatility: StanC

In an interview with CNBC-TV18, Ananth Narayan of Standard Chartered Bank said that fall in Chinese Yuan and the appreciation of the US dollar index won't impact the Indian rupee much as the Reserve Bank of India (RBI) has ample dollar reserves to tackle any volatlity.

first published: Oct 17, 2016 10:35 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347