Feb 04, 2014 at 08:35 | Source: Reuters
the underperformance of Brazil, India, South Africa, Turkey and Indonesia in recent weeks is their lack of growth, deteriorating external and fiscal imbalances, lack of structural economic reforms and eroding policy credibility said Luis Stuhlberger of Credit Suisse.
Jan 29, 2014 at 08:54 | Source: CNBC-TV18
Post the surprise in the RBI policy, Rupee is likely to retrace back to its medium term band of 61-63/USD, says Ramanathan K, ING Investment Mgmt.
Jan 28, 2014 at 18:50 | Source: Moneycontrol.com
The RBI has increased interest rates by 25 bps. More importantly it has clearly targeted CPI inflation as the variable to look out for. We do not expect any change in rates in the next policy on April 1st as the 8 percent threshold for CPI inflation spoken of is unlikely to be met by then, says CARE Ratings.
Jan 28, 2014 at 13:07 | Source: Moneycontrol.com
In its third quarter review of monetary policy, the Reserve Bank of India surprises street by hiking repo rate by 25 basis points, reversing market expectation that the central bank will hold rates.
Jan 28, 2014 at 11:00 | Source: Moneycontrol.com
The reverse repo rate now stands at 7 percent, while the MSF and the Bank Rate stay at 9 percent. CRR has been left unchanged at 4 percent. The street had predicted status quo on the basis of slightly softer inflation in December.
Jan 27, 2014 at 17:13 | Source: Moneycontrol.com
The weakness in global peers was driven by credit condition of China and fears over a tightening in Fed policy. Globally investors sentiment dampened after Fridays fall in emerging market currencies from Turkey to Argentina ahead of Fed meeting on Tuesday.
Jan 23, 2014 at 11:19 | Source: Reuters
Since being appointed governor in September, Raghuram Rajan had embarked on a series of rate hikes to tame soaring prices -- cementing the central bank's hawkish stance.
Jan 13, 2014 at 16:33 | Source: CNBC-TV18
Robert Parker, Senior Advisor - Investment, Strategy & Research, Credit Suisse (UK) Limited, feels the US Federal Reserve would want to look at data for another 2-3 months and see whether this trend of slowdown continues before changing its current policy on tapering.
Jan 13, 2014 at 15:31 | Source: CNBC-TV18
The point about quantitative easing, tapering is that monetary policy has only a very limited effect in the United States. It has global repercussions but the effect in creating jobs in the United States is very low, Stiglitz told CNBC-TV18.
Jan 13, 2014 at 15:07 | Source: Reuters
Colquhoun added the ratings agency will assess the next government's policy strategies will be important to determine the country's future sovereign ratings.