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RBI must intervene to help rupee; buy Mah Satyam: PN Vijay

The RBI is doing a large OMO which has a very stabilizing aspect to the rates. Another OMO by the RBI where it sells dollars and buys rupee from banks is expected to stabilize the rupee a bit in the range of Rs 56-57 at least.

first published: Jun 7, 2013 02:50 pm

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