Real economy will dictate Indian markets, not Yuan devaluation or Fed rate hike: Arun Jaitley

Last Updated: Sunday, September 6, 2015, 15:04

Factors like the Chinese devaluation of yuan and the US Fed's likely interest rate hike are "transient" and it will be only the real economy that will dictate the currency rate fluctuations and markets in India, says Finance Minister Arun Jaitley.

G20 vows to boost fragile growth, nudges China on currency

Last Updated: Saturday, September 5, 2015, 20:32

G20 finance ministers and central bank chiefs on Saturday pledged to act decisively to shore up stuttering global growth and to refrain from unsettling currency moves after China`s controversial devaluation last month.

Global safety nets to check currency, market volatility needed: FM Jaitley

Last Updated: Saturday, September 5, 2015, 17:41

Jaitley also sought a well-designed and quickly-triggered safety nets under IMF like strengthening of liquidity arrangements via multilateral swap arrangements between member countries.