RBI will give appropriate response on April 29: R Mohan

Mumbai, Apr 9 (UNI) The Reserve Bank of India (RBI) will give an appropriate response and analysis of macro developments at its annual policy review on April 29, said RBI deputy governor Rakesh Mohan today.

''We are examining the data on a constant basis, both international developments as well as domestic developments,'' Mr Mohan told newspersons on the sidelines of a cultural function here.

He said the apex bank had enough tools to manage liquidity and it was watching carefully on day-to-day basis.

''These are important issues which need to be analysed and examined very carefully, which is what we are engaged in doing,'' Mr Mohan added.

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