Thursday, March 14, 2013

Rate cut is a given this month

WPI is expected to reduce further by few basis points.

On this strength and also by quoting the budget fiscal plan Subbu may give in for atleast 0.25 basis point repo rate cut. CRR also may be cut for liquidity issues.

I need to see the rate cut, so that the country lands into bigger mess on external front.

This is how it should and will happen

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