June 6, 2008

Topic: Forex News - (Forex Trading) RBI may use forex reserves to tackle inflation - The Statesman

The reserves are meant to tackle crises such as the present oil shock". The Centre's decision to hike fuel prices was in line with the existing realities worldwide, he said. The present rise, however, has been extraordinary calling for urgent measures", he said when asked about the continuous rise in crude oil prices globally. Regulator commits to tracking futures volatility - CNNMoney. read more

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