The RBI's modest approach would be understandable if they were keeping the rupee stable in trade-weighted terms, but that is not the case.
"If we define a bubble as excessive credit growth & artificially low interest rates, then China has had a gigantic bubble," he said.
Jim Rogers, Rogers Holdings is of the opinion that a viable solution to sovereign debt crisis would be if Eurozone allows Greece to default.
| Market Round-up |
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