Euro crisis may soften rupee, increase inflation

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fe Bureau: Mumbai, Jan 16 2012, 00:49 IST
bank ahs expressed concern about slowing growth, it has been equally concerned about the worsening state of the government’s finances.

Moroever, the sharp rebound in the core infrastructure sector production in November to 6.8%yoy as also the factory output to 5.9%, will allow the RBI some room to hold on to its monetary stance for now.

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