Should India be able to decouple itself from US Subprime Impact?

Saturday, August 11, 2007

Govt not reviewing cap on bonds sale under MSS: FM

NEW DELHI: The government on Wednesday said it is not reviewing the Rs 1,10,000 crore cap on bonds sale meant to absorb rupee liquidity generated through RBI's intervention in the forex market, but kept its option open to do so in future.
"You cannot say review is on... We will review it, if it is necessary," Finance Minister P Chidambaram said.

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