Sunday, March 11, 2012

Mr Subbarao, why not double the joy with a repo cut next week?

..... The question now is will the central bank cut repo rates in its 15 March policy review or will it do so in its annual policy review in April 2012? The difference between March and April in terms of data points will not be much as March inflation is expected at around 6.5-7 percent levels, and this inflation number will be released in April. However, the difference a repo rate cut in March will make to money market sentiments will be high........

Read.........

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