Tuesday, 16 July 2013

Currency Article General - RBI is adding on to INR Volatility Rather than Curbing It

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 17th July 2013
 
Currency Article General
 

Hi Promofree

RBI is adding on to INR Volatility Rather than Curbing It

RBI’s move to curb Indian Rupee (INR) volatility will actually lead to more volatility for the currency. The Central Bank has basically pointed fingers at cheap liquidity in the domestic money markets as the cause of the record low levels of the INR against the USD.

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Arjun Parthasarathy

Website:www.investorsareidiots.com
Email:arjun@investorsareidiots.com
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