rbi speech, 2005-09-14
However, when confronted with the possibility of a spill-over in money, G-Sec and forex markets RBI intervened on that day and two separate press releases were issued by the Bank indicating, (a) constitution of an internal Task Force under the Executive Director, Financial Market Committee to monitor the developments in financial markets, and (b) assuring availability of Rupee and Forex Liquidity.
Sentiment: neutral
Topic: mp_communication