Economic Affairs Secretary Shaktikanta Das said the country is prepared to deal with any eventuality in the event of Brexit -- which refers to the exit of United Kingdom from the European Union.
"Current indications are that perhaps Brexit won't happen. In the event of Brexit happening, let me say very categorically that we are prepared to deal with all eventualities and I am saying so on the basis of three specific factors," Das said.
"So all these things put together...If there is any currency volatility, we should be able to deal with that situation," he said.
India has significant trade with the UK as well as the EU. It also receives large investments from Europe.
Yesterday, Federal Reserve Chair Janet Yellen had said Britain's exit from the European Union would have significant economic repercussions.