ADVERTISEMENT
RBI chief says no plans to retire FX forward contracts to ease liquidity
09 May 2013, 01:38 PM IST
The Reserve Bank of India Governor Duvvuri Subbarao said on Thursday there were no plans to retire foreign exchange forward contracts to meet liquidity shortfall.
The central bank will consider bond purchases through its open market operations and other measures to meet any liquidity shortfall, Subbarao told reporters after the central bank's board meeting.
Copyright: Thomson Reuters 2013
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT