INSUBCONTINENT EXCLUSIVE:
India has significant foreign exchange reserves, says Finance Minister Piyush Goyal.NEW DELHI Finance Minister Piyush Goyal today said there
is no need for "knee jerk reactions" on the rupee front, amid the currency touching lifetime lows.The rupee had on Thursday breached the
69-mark against the US dollar for the first time due to multiple headwinds like weak global cues and inflation concerns
It finally ended at an all-time low of 68.79, slumping 18 paise
"Knee jerk reactions are not called for," Goyal told reporters here.Responding to queries on the steep fall in rupee, the minister also said
appropriate steps would be taken after consultations with all stakeholders, taking into account global factors
TheIndianSubcontinent staff and is published from a syndicated feed.)
