......In particular, a clear source of solace for RBI is that even though the rupee has depreciated significantly in recent months, imported inflation has actually declined progressively to 9.5% in May 2012 from a high of 13.8% in November 2011 (possibly factoring in the decline in crude prices from a high of 125$/bbl to less than 100$/bbl over this period). This trend is discernible and is likely to provide much-needed elbow room to RBI to cut rates in the forthcoming policy.......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment