Rupee remained largely range-bound in August: RBI Governor Shaktikanta Das.




Guv Das says,
India's forex reserves touch record high of USD 675 bn as of August 2.
Indian financial system remains resilient, gaining strength from broader macroeconomic stability
RBI will continue to be nimble and flexible in liquidity management operations.
MPC has to be vigilant as country is witnessing persistently high food inflation.
Decline in deposits may expose banks to structural liquidity issues; banks should be careful.

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