Moneycontrol PRO

business

The great fall of rupee: Experts see no cure now, but RBI

In an interview to CNBC-TV18, talking about the nose-dive in the Indian currency, experts Anant Narayan of Standard Chartered Bank and Sajjid Chinoy of JPMorgan suggest that despite the volatility being global, in the short term, it is only the central bank that can intervene and arrest the free fall.

first published: Nov 22, 2011 02:42 pm

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