Enough Forex reserves to deal with Re woes: RBI Chief
On a day the rupee hit a new lifetime low, plunging below Rs 65 to the dollar, Finance Minister P. Chidambaram said pessimism about the economy was “excessive and unwarranted” and RBI Governor D. Subbarao was confident the central bank has enough foreign exchange reserves to deal with the declining currency and the widening current […]
Read More