Finance ministry meets regulators, RBI on rupee

The finance ministry discussed responses to the falling rupee and a wide current account deficit with market regulators and Reserve Bank of India officials on Monday, senior ministry officials said.

June 10, 2013 / 19:40 IST

The finance ministry discussed responses to the falling rupee and a wide current account deficit with market regulators and Reserve Bank of India officials on Monday, senior ministry officials said.

Also read: RBI fines HDFC Bank, Axis & ICICI Rs 1-5 cr

Among the measures discussed were the easing of rules for sovereign wealth funds that invest in India, the officials said. The meeting had been previously scheduled and was not in response to the rupee hitting a record low on Monday.

first published: Jun 10, 2013 06:56 pm

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