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2012 likely to be a year of strengthening dollar: CLSA

Rajeev Malik of CLSA told CNBC-TV18 that he doesn’t expect an explicit mention of a rate hike pause by RBI today. The probability of a rate cut today is very marginal, he says. "RBI still holds that CRR is a monetary tool and using that can send a wrong signal to the market," Malik says.

December 16, 2011 / 12:06 IST
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Rajeev Malik of CLSA told CNBC-TV18 that he doesn

TAGS: #CLSA #CRR #forex market #MARKET OUTLOOK #monetary policy #policy review #RBI #Rupee
first published: Dec 16, 2011 10:15 am

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