June 25, 2012 7:16 PM

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Experts: RBI measures to help improve capital inflows, stem rupee fall

Experts today said that the measures taken by the Reserve Bank to arrest rupee slide will help improve capital inflows as well as stem fall in the domestic currency. Prime Minister's Economic Advisory Council chairman C Rangarajan said these measures will help enhance capital inflows into the country and will also have some effect on the rupee. He added, however, steps taken by RBI will take time to give results.

Ratings agency Crisil's chief economist D K Joshi said, the measures will have no immediate effect. He added the move is aimed at boosting foreign inflows into the country, however, it will also depend on risk appetite of foreign investors and global economic environment.

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