..........There could be two motives behind these explanations. The first could be to explain the RBI’s rationale behind the recent moves to curb speculative activity in the foreign exchange market. The other more significant object seems to be to explain why, despite all its measures, the rupee continues to run amok. There is no disputing the fact that the RBI has a tough fight on its hands, curbing the volatility in all the three rupee markets – the inter-bank spot and forward market, exchange traded currency futures and options market, and the offshore NDF market for the rupee. The task is made more difficult by the inter-linkage or the price transmission between these markets...........
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