	Symbol	Bid	Ask
	EURUSD	1.2866	1.2869
	GBPUSD	1.5054	1.5057
	USDJPY	101.84	101.87
	USDCHF	0.9691	0.9694
	USDCAD	1.0375	1.0378
	EURJPY	131.03	131.06
	EURCHF	1.247	1.2473
	GBPJPY	153.25	153.32
	GBPCHF	1.4589	1.4596
	GOLD	1377.82	1378.42
Real time market quotes

Live help online

Click here

India Still Attractive For Investments, Finance Minister Says

India's Finance Minister Pranab Mukherjee said on Friday that his country remains an attractive place to invest, in a bid to allay fears among foreign companies regarding some retroactive tax provisions.

"There is some sense of despondency amongst a section of U.S. businessmen," Mukherjee was reported as saying in Washington during a session at the Peterson Institute for International Economics.

There is an ongoing row over the proposal to impose retroactive tax on foreign firms on mergers involving Indian assets.

"They have some doubts about whether the tax regime in India is stable or not," he said. "The answer is it is stable."

Mukherjee said investment decisions are not made on the basis of tax concessions alone, but based on market size, transparency, and the people's purchasing power.

"From all these standpoints, India appears to be a good investment destination," he added.

Published: 2012-04-21 11:20:00 UTC+00

Back to news list

See also: Current support and resistance levels

EUR/USD

GBP/USD

USD/JPY

GBP/JPY

EUR/CHF

AUD/USD

May 23 at 8:06 UTC