RBI Policy – Waiting for Godot

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30th July 2013

RBI Policy 30th July 2013  Hi Promofree Waiting for Godot RBI is waiting for the Indian Rupee (INR) to stabilize to act on growth but the fact is that the wait can be endless. The INR has depreciated by over 25% over the last couple of years on the back of many factors including fiscal and current account deficits, rising inflation and falling GDP growth, strength in the US economy relative to the rest of the world and expectations of the US Federal Reserve (Fed) withdrawing its asset purchase program sooner than later. click here to read full analysis Arjun Parthasarathy www.investorsareidiots.com arjun@investorsareidiots.com Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles. © InvestorsAreIdiots.com. All rights reserved. Not interested in receiving emails from us? Click to unsubscribe.