Rupee Appreciation & Hedge Funds
Filed in archive Hedgetalk by Alex Akesson on January 29, 2008

"It seems that inflation has become the sole concern of the central bank," said V.N. Dhoot, president of the Associated Chambers of Commerce and Industry of India (Assocham), reacting to the central bank's monetary policy review.
India has been looking to hedge funds and loans since this year's decline began in industrial growth from 11% a year ago to 9.5% in the first half of 2007-08, coupled with a fall in the expansion of India's exports demanded the rationalisation of credit rates by the central banks.
More at; Indian Policymakers Looking At Hedge Funds To Neutralize Rupee Appreciation
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