NIFTY  9,438.25  0.11%
  SENSEX  30,571.00  0.35%
 CURRENCY  Rs  64.64/$ 72.43/€, 84.26/£
  GOLD  28,743.00  0.38%
  SILVER  39,675.00  1.44%
  DAX  12,638.70  0.39%
  FTSE  7,470.71  0.46%
  CAC  5,324.40  0.57%
  HANG SENG  25,391.30  0.86%
  NIKKEI  19,678.30  0.45%
  Shanghai Composite  3,075.68  -0.25%
  DOW JONES  20,804.80  0.69%
  NASDAQ  6,083.70  0.47%
  S&P 500  2,381.73  0.68%
RBI - To Hold Meetings With Banks, ARCs, Rating Agencies, IBB, PE Firms RBI - Looking At Determining Rating Assignments To Check Rating Shopping

Rupee Disease: RBI Moves May Not Be Right Prescription

Video:

Play this video

July 24: The RBI has unleashed a fresh set of measures to curb liquidity further and support the currency. We ask DBS Bank’s Radhika Rao and HDFC Bank’s Ajay Marwaha whether these measures will work. Rao says, “Rupee has stabilised but not just because of the measures but also because of global developments.” On the other hand, Marwaha says that while the measures will work on funding, yields it may not help the rupee.