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High Inflation Prevents Rate Cut in India: Pro

Sun 16 Sep 12 | 11:50 PM ET
Glenn Levine, Senior Economist, Moody's Analytics says Indian inflation needs to drop below 7% before the RBI can consider a rate cut. He says the rupee is unlikely to be impacted either way as it is driven by portfolio flows, not interest rates.

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India  | Manmohan Singh
 
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