The U.S. Federal Reserve is prepared to cope with decision

Finance Minister P. Chidumbaram

to convince the capital markets that the country created by the U.S. Federal Reserve cut the bond purchase program is designed to deal with the situation . He also said that the market had already come to believe this possibility .

There are more than well prepared .

After the U.S. Federal Reserve announced Wednesday morning in early trade on the Bombay Stock Exchange 's Sensex fell nearly 190 points In the foreign exchange market, the rupee fell against the U.S. dollar in early trade had reached a level of 62.44 .
U.S. Federal Reserve banks to increase cash flow every month special program of buying bonds of 85 billion dollars has gone . From next month, he will keep monthly bond purchases to $ 75 billion .
Chidambaram said , " The light is cut and the U.S. Federal Reserve announced a gradual reduction did not like . " The finance minister said that the Federal Reserve " Its a good improvement in the U.S. labor market until price stability, taking into account government securities and government agency that guarantees home loan backed securities will keep buying . "
Before the U.S. Federal Reserve indicated that it was the first time in May when the bond purchase program gradually reduce the solution in the global marketplace - There was underway . He was later put this decision .