25.02.2011 - India will not be part of currency wars
From Indiatimes.com: The Reserve Bank of India has taken a stance that India will not be part of currency wars and will let exchange rate be determined by market fundamentals. "We believe that it is in our collective interest as global citizens if exchange rates are allowed to be determined by market fundamentals," said RBI governor D Subbarao at the Convocation of Sambalpur University on Thursday...............................................Full Article: Source
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