India's Rupee Is Seeing Correction in Some Sense, Says RBI's Malhotra

In a way, You know, in some sense, you know, it's also a correction. But insofar as volatility is concerned, without going into levels, are we in the Reserve Bank. We do not.You know, as I mentioned earlier, we do not you know, our stated policy is not to target any price level or any price band and let you know the markets actually in India are quite deep, quite wide and we have a very robust and a mature market. So we believe in you know, the markets are to decide, you know, what the level should be. We d ...