THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, September 04, 2000

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Money

Forex
Euro set for dramatic fall?
THE financial markets, last fortnight, got back to selling the euro on any excuse. The woes of the ailing euro seem to be never-ending. The markets are now focussing on growth rather than on interest rate differentials.

Forex markets: Stop moving backwards
YEARS ago I remember reading extracts from a speech by the then Deputy Governor of the Reserve Bank of India on the role of central banks in the foreign exchange markets of developing countries.


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