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SEAnews SEA Research, BLK 758 Yishun Street 72 #09-444 Singapore 760758
India Front Line Report
SEAnews Issue:monthly
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2013-08-13 ArtNo.44560
◆Govt, RBI weigh steps to boost capital inflows
On a day when two high-powered committees met at the Reserve Bank of India (RBI) headquarters in Mumbai, the rupee fell to a new low against the dollar, as dealers waited for a word from policymakers on steps to boost inflows and prop up the battered currency.
The rupee on Wednesday fell 49 paise from its previous close of 60.81 to an all-time closing low of 61.30 a dollar, after touching an intra-day low of 61.45. By the end of the day, the currency had slipped under the previous closing low of 61.10 a dollar hit on August 2.

【News source】


Govt, RBI weigh steps to boost capital inflows


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