tag:blogger.com,1999:blog-7148222695370746347.post17760862655265544..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: Are the stock and currency markets interdependent?Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7148222695370746347.post-62834355771229880252009-08-03T22:03:54.496+05:302009-08-03T22:03:54.496+05:30Hi Titu and SGMM
Appreciate your inputs. Both of ...Hi Titu and SGMM<br /><br />Appreciate your inputs. Both of you have read the situation correctly.<br /><br />FIIs poured in US $2.3 Billion in July '09. That should have led to an appreciation of the Rupee against the Dollar.<br /><br />But it didn't. That tells me RBI is probably intervening and buying Dollars to help exporters.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-59921188786333455072009-07-30T20:52:54.845+05:302009-07-30T20:52:54.845+05:30My take on why RBI left the interest rate unchange...My take on why RBI left the interest rate unchanged is, there is sufficient liquidity in the banking system and instead of giving out loans, (or because there is not sufficient demand from the corporate) banks are parking their excess money in the gilt.<br /><br />By cutting the interest, RBI would have added further liquidity into the system. Vice versa, if RBI had increased the interest rates, banks will pass on the interest rate to borrowers, which is against the objective of the government (or RBI), at least for the time being.<br /><br />So doing nothing was a better option, taking into consideration the benign inflation situation (excluding CPI) as it exists now.SG Money Mindhttps://www.blogger.com/profile/07134523706510323768noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-61106855920323738792009-07-30T16:38:44.580+05:302009-07-30T16:38:44.580+05:30Hello Sir,
in my previous post i mentioned somethi...Hello Sir,<br />in my previous post i mentioned something which source i was not remembaring that time, it is credit suisse report which says, rbi is injecting liquidity in system (not by reducing rate) which is equivalent to 50bp per month in crr (9% of gdp)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-47225502018419551242009-07-30T16:16:04.553+05:302009-07-30T16:16:04.553+05:30Hello Sir,
I think rbi didn't raised interest...Hello Sir,<br /><br />I think rbi didn't raised interest rate b'cos it will hamper growth, just b'cos cost of capital will increase, and it also didn't lower interest rate b'cos it will induce excess liquidity in system, but i read someware that govt. is giving intensive which are similar to reduction of 50 basis point in crr per month (?)<br /><br />about ruppies deapperciation last year it was around 40 ( 38 at dec 2007) and few month back it was 52now it is 48, i think after march money came to india which pull Rs to 48 from 52<br /><br />please guide me where ever i am wrongeAnonymousnoreply@blogger.com