Moneycontrol PRO

you are here: HomeNewsBusinessMarketsRBI helpless now, need govt action to defend rupee: Kotak

SHOW NAMES

Trending Topics

Sensex Today Tesla Share Price Engineer India Shares Diamond Power Share Price

business

RBI helpless now, need govt action to defend rupee: Kotak

Indian currency is growing weak adding woes to investors. While the Reserve Bank of India has stepped in and sold dollars via state-run banks in early trade today to boost the rupee, it breached the psychological 54 mark today.

first published: May 15, 2012 10:30 am

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347