Ummid Assistant

IGNOU invites applications for online agriculture programme

Fellowship for scribes writing on hunger

Welcome Guest! You are here: Home » Business & Economy

Government trying to resolve rupee crisis: Pranab

Sunday May 20, 2012 08:23:02 PM, IANS

Related Articles

Mukherjee hints at austerity as rupee dips to record low

The government is planning to introduce some austerity to aid fiscal consolidation, Finance Minister Pranab Mukherjee   »

Rupee dips to record low of 54.42 against dollar

Rupee hits new low for third straight session

Kolkata: Expressing "great concern" over the sharp fall of the rupee, Finance Minister Pranab Mukherjee Sunday said the central government was trying to resolve the issue.

"It is a matter of great concern," Mukherjee told reporters here when asked about the fall in rupee's value against the dollar.

He said the government was keeping a watch on the situation. "We are watching. The centre is not sitting idle. We are trying to resolve (the issue)," he said.

Blaming the falling rupee on the Eurozone crisis, Mukherjee said emerging markets such as Brazil were also experiencing a currency crisis.

The Indian currency has been falling steeply against the dollar over the past few days in the foreign exchange market and is currently trading at Rs.54.42 to the dollar.

 


 





 

 

 

 

Home | Top of the Page

Comments

Note: By posting your comments here you agree to the terms and conditions of www.ummid.com

Comments powered by DISQUS

i

i

 

 
 

Top Stories

Former bureaucrat finds holes in RS Select Committee Report on Waqf

Ex-officer on Special Duty at Prime Minister's Office and a former bureaucrat has expressed serious concerns over the loopholes he found in the Rajya Sabha Select Committee Report  »

Bring Waqf properties under Public Premises Act

More voices of dissent against the Wakf Amendment Bill

Waqf Misuse, most systematically managed daylight robbery in India

'Govt should assure Muslims of protecting Waqf land'
 

  Most Read

AMU ranks 5th in India Today's list of top Indian varsities

In what can be termed as a timely boost to the newly appointed Vice Chancellor who vows to take Aligarh Muslim University to new heights, India Today-Nielson has put the university on 5th spot  »

'UPA-II report card to rebuff policy paralysis criticism'

The United Progressive Alliance-II (UPA-II) government is set to release its third anniversary report card Tuesday, rebuffing the opposition's oft-repeated criticism about policy paralysis and highlighting  »

Policy paralysis? Govt, Opp fight over economic advisor's remarks
 

  News Pick

Maha CM urged to take action against Bhiwandi police for brutality on Bilal

Members of The Moderates group have demanded from the Maharashtra Chief Minister Prithviraj Chavan to take action against the erring policemen who first brutally beat  »

British minister slams Pakistani men's mentality

A British minister has hit out at the "small minority" of Pakistani men who view white girls as "fair game" for sexual abuse. Baroness Warsi, who is a British cabinet minister of Pakistani-origin, has called on mosques to act  »

Girls outclass boys in ICSE, ISC examinations

Girls outclassed boys once again, grabbing both higher pass percentages as well as top marks in the Council for the Indian School Certificate  »

Kerala school girl secures 99 percent in ISC
 

Picture of the Day

Lt. General (Retired) Zameeruddin Shah (in black sherwani) on May 17 assumed charge as Vice Chancellor of the Aligarh Muslim University. After assuming the charge, he visited several historical buildings at Sir Syed Hall of residence.
 

 
 
 
 
 
 
 

RSS  |  Contact us

 

| Quick links

News

  

Subscribe to

Ummid Assistant

  

National

Science & Technology

RSS

Scholarships

About us

International

Health

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Education

Register

Politics

Opinion

Newsletter

Contact us

Business

Career

Education

      

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2012 Awaz Multimedia & Publications. All rights reserved.