The
finance ministry has said it will take all measures to provide a stable
policy environment to stem the volatility of the rupee and clarified
that measures announced by the Reserve Bank of India (RBI) on Wednesday
should not be seen as capital controls. “There is no question of us
putting any restriction on outflows...There is no control of outflows of
dividends, profits, royalties, or on any kind of commercial outflows,
which happen in the normal course,” department of economic affairs
secretary Arvind Mayaram told reporters on Friday.......
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