- Asian Games 2018 Day 3 Shooting Live scores Live streaming: Gold for Saurabh Chaudhury, bronze for Abhishek Verma in Men's 50m Air Pistol
- Asian Games 2018 Day 3 Live updates Live streaming: Gold and bronze for India in Men's 50m Air Pistol
- It is work and play for Salman Khan on the sets of Bharat in Malta
Amid uncertainty in global financial markets over the ‘Brexit’ developments, the RBI on June 22 said it is keeping a close vigil on the situation and will take all adequate measures, including liquidity support, to ensure orderly conditions in the markets.
“In the run up to the referendum in the United Kingdom on its continuing in the European Union (Brexit), uncertainty about the poll outcome has resulted in some amount of turbulence in global financial markets, including in India,” the Reserve Bank said in a statement.
“The RBI is maintaining a close vigil on developments, and will take all necessary steps, including liquidity support, to ensure orderly conditions in financial markets,” it said.
- Inflation risk led to rate hike: Reserve Bank MPC minutes
- Experts see huge volatility on more ‘exit’ concerns after Brexit
- Britain decides to leave EU: RBI prepared for any eventuality, says Raghuram Rajan
- Sensex, rupee rally on Britain’s ‘stay’ optimism
- Regulators, exchanges step up vigil as markets brace for Brexit
- Sebi, stock exchanges set up vigil to tackle ‘Brexit’ jitters
On June 23, the UK will vote on whether to remain in the 28-nation European Union or to leave. Britain’s exit from the EU, or Brexit, is being debated globally as it could have implications for the international financial markets and exchange rates.
India has significant trade with the UK as well as the EU. It also receives large investments from the Europe.
Yesterday, Federal Reserve Chair Janet Yellen said Britain’s exit from the European Union would have a significant economic repercussions.
“One development that could shift investors sentiment is the upcoming referendum in the United Kingdom. A UK vote to exit the European Union could have significant economic repercussions,” the US Federal Reserve Board Chairwoman Janet L Yellen had said.