The Reserve Bank of India’s (RBI’s) measures to infuse - TopicsExpress



          

The Reserve Bank of India’s (RBI’s) measures to infuse liquidity and allow banks to reduce their mark-to-market losses failed to cheer the market. A weaker rupee pulled down stocks and exerted pressure on bond yields, over dollar demand and concern that the US might pare stimulus as early as next month, intensifying outflows and leaving the currency vulnerable to a current account deficit. Source: Business Standard
Posted on: Thu, 22 Aug 2013 09:24:32 +0000

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