ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Macroeconomic Indicators (17 April 2004)

    The daily average volume of forex transactions in March 2004 was over 40 per cent higher than that in government securities transactions in India. In both, there has been a steady rise in volume, reflecting rising forex flows and overflowing domestic liquidity. The CCIL has succeeded in achieving a high and growing netting factor in both the markets, ranging from 76 per cent to 86 per cent.

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