Moneycontrol PRO

business

Rupee breaching all-time low of 61.80/$ unlikely: StanChart

Among the various reforms announced, the RBI will be auctioning Rs 22000 crore of government cash management bills every week, it said in a statement, without specifying for how many weeks the sales would last. Narayan expects the RBI to announce more policy reforms if the rupee starts showing signs of weakness again.

first published: Aug 12, 2013 11:16 am

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
CloseOutskill Genai