Forex, G-Sec, money mkt are getting integrated: RBI report
March 31st, 2009
The Reserve Bank of India’s (RBI) report on financial sector assessment today indicated that the central bank is confident of the economy growing at 8% but is worried about the fiscal expansion. The report says that the foreign exchange, government securities, money markets and their derivatives have become deep and liquid and are getting integrated.CNBC-TV18’s Latha Venkatesh analysis on what is the RBI saying on market development and its own role on this.