The Governor of the Reserve Bank of India stated that the release of core inflation forecasts does not represent a change in monetary policy thinking. The ultimate goal of monetary policy is the overall inflation rate. He acknowledged that foreign exchange market volatility increased in the last few weeks of March, and that arbitrage positions have been established in the foreign exchange market over the past few weeks.FXBus

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2026-04-08 14:39:34

The Governor of the Reserve Bank of India stated that the release of core inflation forecasts does not represent a change in monetary policy thinking. The ultimate goal of monetary policy is the overall inflation rate. He acknowledged that foreign exchange market volatility increased in the last few weeks of March, and that arbitrage positions have been established in the foreign exchange market over the past few weeks.

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