Modi pushes growth agenda in EAC meet
India, June 7 -- India's package of foreign investment reforms announced on Friday will provide capital account stability, strengthen the rupee, and improve liquidity and price discovery in the G-Sec market, people aware of the matter said on Saturday. The outcome of the coordination between the finance ministry and the RBI, and their nimbleness in responding to a volatile global economic situation, was reflected in the rupee appreciating 56 paise to close at 95.18 against the US dollar on Friday.P8...
To read the full article or to get the complete feed from this publication, please
Contact Us.