New Delhi, Oct. 25 -- The Reserve Bank of India (RBI) does not target "any price or level for the Rupee," but will continue to take necessary measures to curb speculative activities and excessive volatility to ensure orderly conditions in the foreign exchange market, said RBI Governor Sanjay Malhotra.

Speaking at the NDTV World Summit 2026 in New Delhi, RBI Governor Sanjay Malhotra said the central bank has not hesitated to take necessary measures to curb speculative activities and excessive volatility in the foreign exchange market, emphasising that the apex bank primarily aims to prevent disruptions and ensure orderly market conditions.

"We do not target any price or level for the Rupee, but at the same time, it has been our endeavor ...