..........In
recent days, we in India are seeing an array of authoritarian
responses. Sebi and RBI have clamped down on market activity on the
onshore exchange-traded currency derivatives. There are newspaper
reports that RBI is interfering with the freedom of speech of employees
of banks, trying to persuade participants to not take positions on the
rupee, and trying to interfere with onshore/ offshore arbitrage..................
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.
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