Profit

High crude prices to threaten India's growth-inflation dynamic: FX Global Capital

PUBLISHED ON: February 27, 2012 | Duration: 5 min, 41 sec

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Peter Mcguire, Chief Market Strategist at FX Global Capital told NDTV Profit that rising crude prices are going to threaten the growth - inflation dynamic in emerging economies like India. India is banking on lower crude prices to get inflation down and the RBI to cut rates. "It is going to be a tough year ahead for the country," warned Mcguire.
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