RBI takes measures to ease liquidity in market
The Reserve Bank on Tuesday announced additional measures to inject liquidity into the system following collapse of two global financial giants, and said it would continue to sell dollars as the rupee continued to depreciate. "In the light of the current development in the forex markets, the Reserve Bank will sell dollars through agent banks to augment supply in the domestic forex market or intervene directly to meet any demand-supply gaps," the RBI said.
