Wednesday, 2 April 2014

A Comment on maintaining status quo by RBI Governor

MY Comment on an article "How Raghuram Rajan could have spoilt pre-election rally on D-street" published in the Economic Times Dated 01/04/2014 at 10:20 pm. 


"Great decision by Raghuram Rajan. 

Maintaining status quo is a good step. It will definitely control inflation and market activities. 

We must wait and see what happens in the period upto 31st June. Both election effects and fund inflow or outflow needs to be watched carefully during this period. Then only any rate revisions can be considered."

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