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RBI GOVERNOR - Sufficient Flexibility To Move Policy Rate In Either Direction RBI GOVERNOR - Shift In Stance To Help Ensure That Inflation Brought Closer To 4% Aim

“RBI Defending A Currency That Will Weaken Anyway”

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August 1: There is a lot of bad data coming out of the Indian economy in spite of recent measures. “Supporting the rupee does not make much difference,” says Andrew Holland, CEO at Ambit Investment Advisory. Banks now face funding pressures, which in turn will affect corporate, he says, adding that the core economy remains under pressure.