..........The Reserve Bank has not only failed to announce any additional steps to defend the currency yesterday, but also said that it may withdraw the cash tightening steps taken so far in a calibrated manner if the rupee stabilises. These comments have led investors to doubt the RBI's resolve in sticking to its measures given surging bond yields threaten to raise borrowing costs...................
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