Mayhem in markets!

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.

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