India's FinMin: Country's macro fundamentals remain resilient & strong

India's Finance Ministry was out with some comments on the recent depreciating of the Indian Rupee and said that country's Forex reserves are comfortable and sufficient to mitigate any undue volatility in the Forex market.

Additional quotes:

   •  Recent developments relating to Turkey have generated global risk-aversion towards emerging market currencies.
   •  Country's macro fundamentals remain resilient & strong.