The recent weakness of the rupee has been due to yuan's devaluation.
As yields rise, bond prices fall. Higher yields not only translate into losses for investors, it also pushes up borrowing cost for companies as well as government
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
Economist Arvind Panagariya has also argued for loosening deficit targets to boost capital spending
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
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