Friday Nov 15, 2024
Wednesday, 8 September 2021 07:05 - - {{hitsCtrl.values.hits}}
Forex and capital markets were rattled yesterday, leaving the private sector confused and concerned, after the Central Bank unofficially pegged the rupee to the dollar at a fixed rate.
The fixed rate of the dollar and reasons for the move were conveyed by Central Bank Governor Prof. W.D. Lakshman to all bank CEOs in writing.