Home     Blog     Sitemap     About Us     Contact Us    Archives    Advertise with us   
To control freefalling Indian rupee, RBI introduces curbs on forex outflows



PTI

While the measures are aimed at moderating outflows, RBI added that genuine requirement beyond these limits will continue to be considered under the approval route. PTIAs a part of its fight to prop up the battered Indian rupee, Reserve Bank of India (RBI) today unveiled a slew of measures aimed at curbing forex outflows (capital control measures).

While the measures are aimed at moderating outflows, RBI added that genuine requirement beyond these limits will continue to be considered under the approval route.







 
 
 
Sign up for breaking news
Email:

  Blog Of The Week
    Bank accounts to 1.25 billion people?
By: Jungkiu Choi
 
 
  Weekly Book Review

Churchill and Empire
By Lawrence James
Review by GEOFFREY WHEATCROFTAUG

More Book Reviews