Central bank wrestles with economy


  • Opinion
  • Monday, 05 Nov 2007

IT IS the embarrassment of riches the central bank has been trying desperately to stave off but all in vain.

Despite attempts to slow down the ingress of foreign billions, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) do not seem to be succeeding in moderating capital inflows.

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