Moneycontrol PRO

business

Retracement in rupee due to RBI intervention: Citibank

Soumyo Dutta, managing director and head FXLM trading and risk treasury at Citibank believes that the quick retracement from 48 levels that was seen on Wednesday was due to RBI intervention.

first published: Sep 15, 2011 12:21 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