By IANS
New Delhi : The government will not be taking any further measures to curb capital inflows as the steps taken by the market regulator will help in moderating them, Finance Minister P. Chidambaram said Monday.
“One did not expect instant reaction to the measures announced by SEBI (Securities and Exchange Board of India). I believe the measures taken by SEBI will moderate inflows in the short to medium term,” Chidambaram said at the Economic Editors’ Conference here.
“We are watching the situation. At the moment we are not contemplating any more measures,” the finance minister added.