RATIONAL EXPECTATIONS
Government and the central bank display confusion on key policy issues
WORLD MONEY
RAISINA HILL
Soiled and stapled notes have become a thing of the past, thanks to a determined drive by RBI
OUT OF FOCUS
Index for manufactured goods up 6.06% in the year to mid-Dec
Overview
BS Compass
Rating agency says the current capital flight from the country is a short-term phenomenon, largely an impact of possible tapering of economic stimulus by the US
Intervention came as the rupee approached record low of 59.9850 per dollar hit on June 20
Month-end dollar demand from importers, firm global cues affect rupee
The rupee moved in a range of 59.45 and 59.79 before settling the day at 59.68, showing a rise of two paise