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RBI likely to raise rates by 75 bps in 2011: Nomura

There is a growing fear among experts that rising crude and commodity prices could derail the efforts to contain inflation, which has started moderating. Rob Subbaraman, Chief Asia Economist, Nomura feels that inflation is going to stay stubbornly high not only in India but in most of Asian countries.

March 08, 2011 / 16:24 IST
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There is a growing fear among experts that rising crude and commodity prices could derail the efforts to contain inflation, which has started moderating. Rob Subbaraman, Chief Asia Economist, Nomura feels that inflation is going to stay stubbornly high not only in India but in most of Asian countries.

In an interview to CNBC-TV18, Subbaraman said,
TAGS: #Asian central banks #Brent crude #commodity price #commodity prices #Current account deficit #Foreign investors #Indian Rupee #inflation #INR spot rate #Latha Venkatesh #MARKET OUTLOOK #markets #MENA #Middle East North Africa #monetary policy #Nifty #Nomura #RBI #real effective exchange rate #real trade weighted exchange rate #Rob Subbaraman #Sensex #Sonia Shenoy
first published: Mar 8, 2011 01:32 pm

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