RBI to counter USD/INR volatility aggressively amid geopolitical crude shock: Kotak Securities' Anindya Banerjee

The Reserve Bank of India (RBI) is expected to aggressively intervene in the currency markets if the rupee faces excessive downward pressure toward the 98 to 100 mark, though short-term capital inflows will provide a major cushion against global energy shocks, according to Anindya Banerjee, Head of Commodity and Currency Research at Kotak Securities.

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