Friday, May 4, 2012

I pity RBI

I pity for them but this is not going to end so soon.

Increasing NRI rate upto 3% at one stretch is awful. They expect money will flow. I am sorry sir. They all knew INR will cross 60 very soon unless we prick some bubbles which are fanned and supported by your
bosses.

Subbarao must be wondering what went into him when he reduced the interest rates instead of raising.

The stock markets started their next journey down and this is going to be bumby. 

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