Highlights of RBI8217;s mid-quarter monetary policy

Cash reserve ratio too unchanged at 4 per cent

Rupee fall,external sector risks and elevated food inflation areas of concern

Continuing weakness in manufacturing needs to be urgently reversed

RBI asks govt to create conducive environment for private investment,improve project clearances to promote growth

Durable receding of inflation will open space for monetary policy action

Reducing CAD is a challenge; RBI pitches for stable foreign inflows to finance it

Steps to curb gold imports,easing commodity prices to lower CAD in 2013-14

Balance of Payments,inflation and growth rate to determine future monetary stance

Need to be vigilant about global uncertainty and its impact on capital flows

RBI ready to use all available instruments to deal with any adverse development in external sector

Positive rating action should have favourable impact on investor confidence

First quarter review of policy on July 30.

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