Tuesday, April 8, 2008

Central bank should shun rate rises

(MUMBAI) India should use measures that drain excess money from the financial system instead of raising interest rates, to curb inflation at a three-year high, said former central bank governor Bimal Jalan.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,274180,00.html?

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