Friday, May 24, 2013

Loose Monetary Policy...


 Article;
Five Reasons Why Rupee is Depreciating Despite Strong FII Flows

Comment;
It is strange that with so much of Quantitative easing the US dollar is getting strong. I think everybody is pursuing a lose monetary policy and the effect we want is further diluted. I think "Everybody is trying to devalue at the same time." That's right ....

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