RBI Leaves Rates Unchanged Expert Views: A. Prasanna, Economist, ICICI Securities Primary Dealership Ltd., Mumbai "I still think there is a possibility of a rate cut in July based on inflation views and on expectation that the currency markets will stabilise post the FOMC meeting this week. But if the volatility continues and the rupee continues to weaken, then we will review the call. However, the risks of no action in July have increased going by the statement from the RBI. But if the current trajectory of CPI continues, there could be one more rate cut going forward." Follow businessworld.in for latest news and analysis
Posted on: Mon, 17 Jun 2013 05:58:00 +0000
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