Cost Of Funds, Weak Rupee Hurting Economy: Rashesh Shah
  • Saba Ashraf
  • Aug 16 2013

August 16: The global liquidity issues and subsequent RBI measures have impacted the economy, says Rashesh Shah, Chairman and CEO of Edelweiss Group. There are growth downgrades and even 5% growth is seen as good. “Also, inflation should guide monetary policy not currency,” he suggests, adding that a weaker rupee will help boost exports.