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'Falling rupee will delay interest rate cuts'

Postby autoBOT » Sat Jun 15, 2013 1:30 pm

Rating agency Crisil says a weak rupee will impact the imported component of inflation, of which crude oil is a major component. With the RBI intending to sustain headline inflation to 5 per cent by end of this fiscal, the rupee slide may make the central bank pause further repo cuts.

Sat, 15 Jun 2013 04:00:09 GMT
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