....Mr. Chakrabarty said the apex bank had taken whatever measures were necessary and possible within its purview. “The RBI is doing whatever best that can be done. All are doing their jobs and the rupee is stable now,” he said. Mr. Chakrabarty was addressing reporters on the sidelines of a meeting of the Financial Stability Development Council (FSDC), convened to review the development in global economy, with specific focus on the eurozone and the U.S., and their consequences for India. The RBI Deputy Governor said, in reply to a query that the RBI had taken necessary measures to stabilise the currency. RBI Governor D. Subbarao, IRDA Chairman J. Harinarayan, SEBI Chairman U. K. Sinha, PFRDA Chairman Yogesh Agrawal in addition to RBI Deputy Governors Subir Gokarn, Anand Sinha and Executive Director V. S. Das were among those attended the meeting.......
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