The finance ministry today said the ability of the Reserve Bank to intervene in the forex market to arrest the fall in rupee is limited, even as the Indian currency declined to a 32-month low of Rs 51.50 per US dollar in the early trade.
“RBI’s ability to intervene in forex market is limited”, Department of Economic Affairs Secretary R Gopalan told reporters here.
From: http://ping.fm/VwTYb
Popular Posts
-
Two-time defending champion David Ferrer of Spain defeated local favorite Santiago Gonzalez 6-1, 6-2 to reach the second round of the Mexica...
-
Marco Fabian scored two brilliant goals within two minutes midway through the second half to help Mexican club Guadalajara beat Barcelona 4-...
-
Demanding death for “terrorist” Ajmal Kasab, Pakistan Interior Minister Rehman Malik today said the proposed visit of a Judicial Commission ...
-
Bollywood actors Asin and Abhishek Bachchan have reportedly turned down film maker Prakash Jha's offers to work for his film, says a med...
-
Maria Sharapova beat Caroline Wozniacki in an exhibition at Madison Square Garden on Monday -- though she lost the only point she played aga...
-
A 47-year-old, small-time producer and director of Haryanvi films was found butchered inside a flat at Shyam Vihar in southwest Delhi late o...
-
Watch Non Stop Superfast News stories at breakneck speed on India TV in its Non Stop Superfast programme. Find breaking news, India news, to...
-
The world's newest snake has menacing-looking yellow and black scales, dull green eyes and two spiky horns. And it's named after a 7...
-
US arms control expert has made the astonishing claim that Pakistan's notorious nuclear engineer AQ Khan may have proliferated nuclear t...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment