Friday, 12 July 2013

All options on table to support rupee: Raghuram Rajan - Reuters India

A cashier counts currency notes inside a bank in Lucknow July 16, 2009. REUTERS/Pawan Kumar/Files

A cashier counts currency notes inside a bank in Lucknow July 16, 2009.

Credit: Reuters/Pawan Kumar/Files

NEW DELHI | Fri Jul 12, 2013 12:20pm IST

NEW DELHI (Reuters) - Chief Economic Adviser Raghuram Rajan said on Friday all options, including issuing the country's first sovereign bond issuance, are on the table to support the rupee.

Rajan added he has received feedback from bankers on a variety of subjects including how to support therupee, which hit a record low of 61.21 on Monday.

Finance ministry officials had been scheduled to meet foreign banks on Friday, three sources familiar with the meetings had told Reuters.

(Reporting by Manoj Kumar; Writing by Shamik Paul; Editing by Rafael Nam)

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