|
Economic Indicators |
 |
Forex: According to the latest data released by the Reserve Bank of India, total foreign exchange reserves, including gold and special drawing rights with the International Monetary Fund, dipped $1,089 million to touch $261.2 billion during the above mentioned week.
Call money: Indian call money rates were steady on Friday as the ample cash surplus in the banking system helped banks meet reserve requirements smoothly. Traders expect the cash surplus in the system to stay intact until banks start stepping up lending to their corporate clients and see call money tied to the reverse repo rate till then.
|
