Banks await RBI governor speech at forex meeting

Indian foreign exchange market players are eagerly waiting to see if the Reserve Bank of India makes any direct or indirect comments on the foreign exchange markets and interest rates at the 21st Asia-Pacific Forex Congress. The meeting, an annual gathering of foreign exchange dealers from banks in South Asia, runs Thursday to Saturday in New Delhi. This year foreign exchange dealers from the Asia-Pacific region will also participate.

For Indian bankers, all eyes are on Bimal Jalan, the Reserv