With the rupee depreciating to a new 32-month low against the US dollar, Finance Minister Pranab Mukherjee today said the Reserve Bank is “keeping an eye” on the situation.
“The RBI is keeping an eye on it (depreciation of rupee). They are watching the situation at the appropriate level,” Mukherjee told reporters on the sidelines on the Vatsalya Mela 2011 here.
From: http://ping.fm/k3ve1
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