In a bid to keep the rupee value stable and encourage India’s flagging exports, the Centre has been encouraging the Reserve Bank of India (RBI) to continue with its policy of buying dollars aggressively.
“We are supportive of RBI’s stance to buy dollars. This helps keep the rupee value stable and not push it up, given the huge forex inflows into India. a rise in rupee value would obviously hit our exports adversely,” said top finance ministry officials. The RBI, of course, did not pick the intervention route to help exporters, but its aim was to sanitise the huge foreign exchange flows.
Bu hikaye The New Indian Express Chennai dergisinin December 06, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express Chennai dergisinin December 06, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Engineering the Actor Within
Parvati Nair talks about her latest film Mr Rani, her career so far, and multiple projects on her plate.
It's a Bling Thing
From preppy fashion accessories to elevated essentials, designer Tiara Dhody's latest chic bijouterie works as a serotonin booster
The Sun and Stars of Inside Living
A home is a compelling personal statement of the owner's personality. How doing it up by zodiac sign can unleash the full potential of colours, shapes and textures
More than Just History
Though the writing begins with a little uncertainty, the author hits her stride quickly building on extensive research
The Black Book of 1975
Whoever said one should not let Whoever said one should not leted story has not read PK Sreenivasan's novel Midnight Knock.
How the Mesopotamians Imagined Earth
The Mesopotamian civilisation, which civilisation, arose around 3400 BC, was one of the earliest urban civilisations.
Her Cakes, Her Cakewalk
Mumbai's queen of confectionery completes two inspired decades of baking sweet somethings for movie stars and celebrity tycoons who get their sugar hit from her little empire.
The Power to Rise Above Loss
Children, some people say, \"We lead an ethical life. We do not betray or harm anyone.
Wild and High
Tucked away from the well-worn tourist paths of Madhya Pradesh's Kanha and Bandhavgarh lies Satpura's hidden gem the Denwa Backwater Escape.
Hands-on Learning for Under Graduates
Hoffman had won the Nobel prize in Medicine in 2011.
