Bloomberg News

Gokarn Says India RBI to Weigh Possibilities of Action on Rupee

November 23, 2011

Nov. 22 (Bloomberg) -- India’s central bank is weighing the possibility of taking action to stem the rupee’s decline, Deputy Governor Subir Gokarn said today.

The currency’s volatility is a “problem,” Gokarn told reporters in Mumbai.

To contact the reporter on this story: Anoop Agrawal in Mumbai at

To contact the editor responsible for this story: Arijit Ghosh at

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