Arun Jaitley says India has comfortable forex reserves to deal with rupee volatility
The Indian currency on Tuesday crashed to a life-time low of 70.09 on concerns over Turkey's economic woes that have impacted various emerging markets, even as the US dollar gained strength against other currencies.
Union Minister Arun Jaitley said India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market and developments are being closely monitored. Image source: Reuters