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RUPEE AT CLOSE - Rupee Ends At 67.01/$ Vs 67.07/$ On Thursday HDFC BANK MD - Note Ban Will Lead To Transparency, Efficiency, Cost Reduction

RBI Usually Does A Good Job: Adrian Mowat

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October 21: JPMorgan’s Adrian Mowat says the RBI does most of the economic management in India. RBI Governor Raghuram Rajan is known for favouring financial market reform, and there is some indication that rates will move lower, he says. The worst seems over for the rupee, which seems to have found a new range between 60-65 levels, he says, adding that he likes the rupee being undervalued.