Moneycontrol PRO

business

But for RBI move, rupee may have fallen to 63: BoA

With the tightening measures, RBI signalled that they are serious about doing something quickly. Otherwise, had nothing been done, the rupee would have gone down to 62-62.5 or maybe 63.

first published: Aug 7, 2013 12:42 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