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RBI may sell Dollars to oil companies
The Reserve Bank of India (RBI) may consider directly selling Dollars to oil marketing companies in an attempt to arrest a further fall in the Rupee. Interacting with media persons at Dehradun, RBI Governor Duvvuri Subbarao noted that RBI is open to taking such steps as per needs of the hour.
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RBI may sell Dollars to oil companies
The Reserve Bank of India (RBI) may consider directly selling Dollars to oil marketing companies in an attempt to arrest a further fall in the Rupee. Interacting with media persons at Dehradun, RBI Governor Duvvuri Subbarao noted that RBI is open to taking such steps as per needs of the hour.
Date: 24-05-12
Views: 84
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