Reserve Bank of India (RBI) governor Raghuram Rajan has turned the rupee from a pariah to the world’s favourite currency after just a month in office as he intensifies efforts to quell inflation and lure capital. Investors selling dollars to buy rupees earned 10% since Rajan took over on 4 September, the most among 44 currencies tracked by Bloomberg and a turnaround from a 2.8% third- quarter loss......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment