Economy booster: ECB limit hiked by $10 billion

moneycontrol.com | Jun 25, 2012 at 02:53pm


New Delhi: In a bid to check rupee's free falling against the US dollar, the Reserve Bank of India (RBI) on Monday hiked the limit of external commercial debt by $10 billion. Moreover, the regulator also increased the limit of overseas investment in government bonds by $5 billion to $20 billion.

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