17th June, 2013 : Comments on RBI policy by Amar Ambani, Head of Research, India Infoline
“Although headline and core WPI inflation continues to decline sharply and are at multi-year lows, the RBI had no choice but to maintain status quo on the Repo rate front, on account of the 9% depreciation in the Rupee since 1st of May. The US Dollar has been strengthening, particularly against countries with high Current …