Finance Ministry: Reaction by Indian Stocks and Forex Markets to US Federal Reserves yesterday decision to raise the target range for the federal funds rate by 25 to 50 bps, underlines the strong macroeconomic fundamentals of the Indian Economy and the efforts made by the present Government to achieve macro stability over the last one and half years.

Finance Ministry: Reaction by Indian Stocks and Forex Markets to US Federal Reserves yesterday decision to raise the target range for the federal funds rate by 25 to 50 bps, underlines the strong macroeconomic fundamentals of the Indian Economy and the efforts made by the present Government to achieve macro stability over the last one and half years.