https://www.taxtmi.com/news?id=11448 Reserve Bank of India maintained policy rates unchanged and used liquidity tightening and open market operations to check exchange rate volatility, linking rollback to state-contingent indicators such as bid-ask spreads, intraday FX volatility, forward contract volumes, futures open interest and global market conditions; objective is orderly adjustment not defending a specific exchange-rate level, while addressing macro risks from a high current account deficit, inflation pass-through and supply constraints and preferring domestic financing and structural measures over sovereign bond issuance at this juncture. en-us Thu, 01 Aug 2013 11:15:08 +0530 Thu, 01 Aug 2013 11:15:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11448 Reserve Bank of India maintained policy rates unchanged and used liquidity tightening and open market operations to check exchange rate volatility, linking rollback to state-contingent indicators such as bid-ask spreads, intraday FX volatility, forward contract volumes, futures open interest and global market conditions; objective is orderly adjustment not defending a specific exchange-rate level, while addressing macro risks from a high current account deficit, inflation pass-through and supply constraints and preferring domestic financing and structural measures over sovereign bond issuance at this juncture. News - Thu, 01 Aug 2013 11:15:08 +0530 https://www.taxtmi.com/news?id=11448