Need to be unpredictable about FX intervention: RBI

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Reuters Mumbai
Last Updated : Jan 21 2013 | 2:06 AM IST

Intervention in the foreign exchange market needs to be a bit unpredictable, the Reserve Bank of India's Governor Duvvuri Subbarao said on Thursday.

"On tactical policy, it pays to be a bit unpredictable on how you intervene in forex market," Subbarao said, while speaking at the second international research conference organised by the RBI.

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First Published: Feb 02 2012 | 12:00 AM IST

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