Profit

RBI may intervene if rupee declines further: Nipun Mehta

PUBLISHED ON: September 22, 2011 | Duration: 24 min, 27 sec

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Ritu Arora, director investments at Canara HSC OBC Life Insurance, says Indian economy is resilient but has its own set of disadvantages in terms of inflation, rising interest rates and high crude prices. She says India is a well priced market provided the growth in sustained. Market expert Nipun Mehta expects some form of RBI intervention if rupee declines further.
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