Statement Made by Chief Economic Adviser Dr. Raghuram G. Rajan to the Media Today; India Has Received Net Inflow Of $3.675 Billion Between May 1 and June 10, 2013; Large Part of the Decline in the Value of Rupee In Recent Days Is Because of Dollar Strength; Significant Drop in Gold Imports Expected During June, 2013 Due to Recent Measures Taken by the Government and Rbi; No Additional Restrictive Measures on Gold Contemplated : Cea https://www.taxtmi.com/news?id=11242 Exchange rate depreciation is largely due to global dollar strength and emerging market outflows, with seasonal CAD widening and elevated gold imports also contributing; net portfolio inflows between May and early June partially offset debt outflows. Recent RBI and Government measures are expected to curb gold imports and ease CAD financing, while further steps to facilitate portfolio inflows and raise FDI limits are planned to support sustainable growth. en-us Tue, 11 Jun 2013 17:27:36 +0530 Tue, 11 Jun 2013 17:27:36 +0530 TaxTMI RSS Generator Statement Made by Chief Economic Adviser Dr. Raghuram G. Rajan to the Media Today; India Has Received Net Inflow Of $3.675 Billion Between May 1 and June 10, 2013; Large Part of the Decline in the Value of Rupee In Recent Days Is Because of Dollar Strength; Significant Drop in Gold Imports Expected During June, 2013 Due to Recent Measures Taken by the Government and Rbi; No Additional Restrictive Measures on Gold Contemplated : Cea https://www.taxtmi.com/news?id=11242 Exchange rate depreciation is largely due to global dollar strength and emerging market outflows, with seasonal CAD widening and elevated gold imports also contributing; net portfolio inflows between May and early June partially offset debt outflows. Recent RBI and Government measures are expected to curb gold imports and ease CAD financing, while further steps to facilitate portfolio inflows and raise FDI limits are planned to support sustainable growth. News - Tue, 11 Jun 2013 17:27:36 +0530 https://www.taxtmi.com/news?id=11242