India stuns, keeps rates steady as growth crumbles | Reuters
India’s central bank defied widespread calls on Monday to revive the flagging economy with cuts in interest rates and cash reserve minimums at banks, putting the onus on a fractious coalition...
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India’s stubborn inflation trend puts RBI in a bind – rate likely on hold-...
This is a syndicated repost courtesy of Sober Look. To view original, click here. India continues to struggle with stubbornly high inflation levels. In spite of slower economic growth, the Wholesale...
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Rupee’s weakness may help exports but could do damage elsewhere – Sober Look
This is a syndicated repost courtesy of Sober Look. To view original, click here. Indian rupee’s slide to record lows has been extraordinary. It’s been driven by weakness across emerging markets and...
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RBI sells dollars directly to oil importers; kicks the can down the road –...
This is a syndicated repost courtesy of Sober Look. To view original, click here. India’s central bank, the RBI, is trying new measures to stabilize the rupee. One of the key sources of pressure on the...
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India’s new central banker to face impossible choices – Sober Look
This is a syndicated repost courtesy of Sober Look. To view original, click here. India is about to get a new new central bank governor, Raghuram Rajan, a University of Chicago economist with...
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