NIFTY 50

Don't witch-hunt the RBI

Updated : April 09, 2018 09:54 AM IST

Both the government and the RBI were aware that anything rationed would benefit those who could lay hands on any amount of gold.
In 2013, the extra bucks made by some FCNR 9B depositors and some jewellers was considered a price the nation had to pay to control the exchange rate from a free fall.
Don't witch-hunt the RBI

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