MUMBAI: Investors need not worry about the immediate volatility in the exchange value of rupee vis-a-vis US dollar in the wake of China allowing yuan to appreciate against the American currency, RBI Deputy Governor Subir Gokarn said today. He based his optimism on hedging tools available. "In a scenario where the hedging opportunity is available and relatively accessible, I do not think we should worry on the short-term impact of volatility," he said. "Volatility per se is not the issue. The issue is per se whether investors have the means to hedge themselves against it," he said adding that the RBI has allowed currency futures for investors to hedge against risks.
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