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Note of confidence

In recent weeks the government and the RBI have addressed the issue of rupee liquidity with speed. Reports that the government is now looking towards solving the issue of dollar liquidity are welcome. Opening stand-by facilities for dollars and euros will enable the RBI to get additional dollar  ....Read more

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stand by.By: AMARESH ROUT | Monday , 24 Nov '08 9:06:51 AM Reply | Forward to provide enough liquidity in the market ,rbi opended stand by facility. it will help in providing support to the impoters. it is very necessary to have enough forex reserve to control the fall in rupee value.
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