ap7am logo
Logo Bar bseindia nse-india msn yahoo youtube facebook google thehindu bbc ndtv v6 ABN NTv Tv9 etv namasthetelangaana sakshi andhrajyothy eenadu ap7am bhakti espncricinfo wikipedia twitter

What Brexit, rupee is strong, says Rajan

Fri, Jun 24, 2016, 02:40 PM
The RBI Governor, Dr Raghuram Rajan, on Friday reassured the people of the country that Brexit (Britain's voting itself out from the European Union) would have no effect on the Indian economy whose fundamentals were strong.

Talking to the media in Kolkata, Dr Rajan said the Brexit effect would not be much on India. He said to tide over any possible situation arising out of the event, the necessary liquidity would be provided. There's no need for anybody in the country to fear.

He said compared to global currencies, indian currency was fairly stronger. This would help tide over the Brexit also.

Global stock markets were hit in the run-up to Brexit. Dalal Street also had its share of the effect. The stock markets are volatile.
Agency: Ap7am Desk

Feedback Form

Your IP address: