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Jun 25, 2012, 08.17 AM IST
There are expectations the RBI may open a special dollar window or allow state-run oil companies to make 50% of their dollar purchases through a single state-owned bank to lower the rupee's volatility, says Nandan Chakraborty of Enam.
Nandan Chakraborty, Enam: Weakening manufacturing data from across the world has raised fresh concerns over global growth. The rupee has also plunged to a new low of 57/USD on rising risk aversion and a strengthening dollar. There are expectations the RBI may open a special dollar window or allow state-run oil companies to make 50% of their dollar purchases through a single state-owned bank to lower the rupee's volatility. Russel Napier, CLSA: The West is losing the war against deflation and government intervention to create more politically acceptable prices is inevitable. For equity investors, gold stocks and cash-generative names represent a haven from financial repression.
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