“Need Structural Changes To Help Monetary Policy Ease Rates Further”
  • Elizabeth George
  • Sep 20 2013

September 20: Kotak Mahindra Bank’s Shanti Ekambaram says liquidity and capital debt should both ease with the reduction in MSF. However, liquidity is still seemingly kept tight because FOMC has given us a breather in doing what we need to do, which is fix our twin deficits. Fiscal policy and structural measures are needed to stabilise the rupee, she says, adding that the currency will find a slightly easier level.