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Home / Questions / Q 340071
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Anonymous
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RBI announced Weekly Sale of Government Bonds, what is the purpose of doing this

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  1. eAnswers Team

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    Added an answer on August 10, 2018 at 9:19 am

    Yes, the news is true that RBI has announced a weekly sale of government bonds which is worth of Rs. 22000 crore on every Monday. This will help them to check the volatility in the foreign exchange market. This will help them to find the reasons behind the weakening of rupees.

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