The rating agency said the RBI move would increase foreign investment in government securities over the next several months, adding that this will improve India’s “incipient growth by helping to stabilise the domestic market interest and currency rates”. Moody’s pointed out that the revised investment limit was not large enough for foreign ownership in government debt to cross 10 per cent, limiting the country’s exposure to global fluctuations............
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