Need to be unpredictable about FX intervention: RBI

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.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 02 2012 | 12:00 AM IST
