News X: Government liberalises FDI limits
- 5 years ago
NewsX: The rupee today strengthened by 21paise to hit a fresh two-week high of 59.10 in early trade at the Interbank Foreign Exchange market, after the government liberalised FDI limits in a dozen sectors.
Forex dealers said the government liberalising FDI limits in a dozen sectors, including allowing 100 per cent in telecom and higher limits in 'state-of-the-art' defence manufacturing, in a bid to lure capital inflows, in a bid to curb the sliding rupee and to boost sagging economy, boosted the local currency.
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Forex dealers said the government liberalising FDI limits in a dozen sectors, including allowing 100 per cent in telecom and higher limits in 'state-of-the-art' defence manufacturing, in a bid to lure capital inflows, in a bid to curb the sliding rupee and to boost sagging economy, boosted the local currency.
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive