What investors should do: Make the most of debt opportunity

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Mutual fund players agree that they have taken mark to market hit. Mutual fund players agree that they have taken mark to market hit.
SummaryDrop in returns saw investors pulling out a net of Rs 45,296 crore from liquid/money market products.

bank level and restricting it to 0.5% of the bank’s own NDTL

August 8: To bring stability in the currency market, the RBI decided to sell Rs 22,000 crore of Cash Management Bills every week to drain out liquidity from the system.

IMPACT: The rupee has failed to strengthen and continued to remain volatile despite various RBI measures. It plunged to an intra-day low of 61.80 earlier in the week and closed at an all-time closing low of 61.30 on Wednesday amid huge demand for dollar. The RBI has been selling dollars to prop up the rupee but the currency has remained weak.

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