New Delhi, Oct. 13 -- Finance Minister Nirmala Sitharaman said on 13 October that while the Reserve Bank of India (RBI) would continue its efforts to curb volatility in the rupee but is not seeking to fix its value, as the currency faces pressure from external factors.

"The RBI is not trying to fix the rupee; it is trying to stop the volatility," Sitharaman said, adding that the central bank's measures would continue to ensure stability in the currency market."

Sitharaman was speaking at the Bloomberg New Economy Forum in the national capital. The forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News.

Referring to the RBI's latest measures, announced two days earlier, the fi...