4295

Subbarao not scheduled to meet Manmohan Singh today: PMO

However, RBI chief Subbarao is scheduled to meet finance minister Chidambaram later in the day
Reuters Mail MePTI Mail Me
Comment E-mail Print Share
First Published: Mon, Jul 15 2013. 10 33 AM IST
A file photo of RBI governor D. Subbarao. Photo: Bloomberg
A file photo of RBI governor D. Subbarao. Photo: Bloomberg
Updated: Mon, Jul 15 2013. 01 38 PM IST
New Delhi: There is no meeting scheduled between Prime Minister Manmohan Singh and Reserve Bank of India (RBI) governor D. Subbarao on Monday, a spokesman for the Prime Minister’s Office (PMO) said.
However, Subbarao is scheduled to meet finance minister P. Chidambaram later this afternoon.
Earlier, the organizers of a Mumbai event where Subbarao was expected to deliver a speech on Monday said the RBI governor has cancelled the appearance as he was called to a meeting with the country’s finance minister and the prime minister.
Chidambaram met Manmohan Singh on Monday morning to discuss the economic situation. Chidambaram is understood to have discussed the rupee woes and macro economic situation with the prime minister.
The rupee on Monday dropped to 60.005 against the dollar while the wholesale prices rose 4.86% in June compared with 4.7% in May.
Rupee had earlier in the month touched an all-time high of 61.21 per dollar.
Among the measures considered by the government to stem the rupee’s fall include floating sovereign bonds overseas.
Comment E-mail Print Share
First Published: Mon, Jul 15 2013. 10 33 AM IST
blog comments powered by Disqus
  • Wed, Apr 16 2014. 06 11 PM
  • Wed, Apr 09 2014. 05 19 PM
ALSO READ close

Raghuram Rajan regains firepower with $300 billion reserves

Subscribe |  Contact Us  |  mint Code  |  Privacy policy  |  Terms of Use  |  Advertising  |  Mint Apps  |  About HT Media  |  Jobs
Contact Us
Copyright © 2014 HT Media All Rights Reserved