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QE on till US jobless rate falls; Re to turn firmer: HSBC

Andre De Silva of HSBC explains on CNBC-TV18 that the Fed will continue with quantitative easing till the rate of unemployment falls, He expects the rupee to turn firmer with continued government initiatives to reduce the fuel subsidy, but is concerned that truant global oil prices could derail the strengthening in the rupee.

first published: Jan 18, 2013 04:33 pm

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