Democratic Underground - SNAPSHOT-Indian policy highlights on Tuesday, May 10

Reply #62: SNAPSHOT-Indian policy highlights on Tuesday, May 10 [View All]

xchrom

(1000+ posts) Send PM | Profile | Ignore

Tue May-10-11 08:33 AM
Response to Reply #24

62. SNAPSHOT-Indian policy highlights on Tuesday, May 10

http://uk.reuters.com/article/2011/05/10/india-policy-snapshot-idUKL3E7GA2F220110510

May 10 (Reuters) - Following are statements from Indian policymakers as well as the latest news and scheduled events.

* Denotes new entry.

* Concerns of volatile capital inflows owing to interest rate differential are not as intense in India as in other emerging market economies due to the country's large current account deficit, the central bank chief said on Tuesday.

"In India's case, the concerns on this account currently are less acute since capital inflows are needed to finance our current account deficit," Reserve Bank of India (RBI) governor Duvvuri Subbarao said in a speech at a conference in Zurich.

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Got a message for Democratic Underground? Click here to send us a message.

Reply #62: SNAPSHOT-Indian policy highlights on Tuesday, May 10 [View All]