..........“The market is confused. One group of pundits believes that the steps the RBI announced yesterday is an indication it will no longer take any fresh liquidity tightening measures. But this could exacerbate the pressure on the rupee. But there are others who believe the RBI will intervene whenever the forex market turns volatile. The market seems to be divided on whether or not the RBI will intervene,” .................
No comments:
Post a Comment