Faraz Syed

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Last quote by Faraz Syed

One of the main reasons was sticky inflation, or core prices. They've been relatively high compared to headline inflation. The other reason is perhaps global developments, particularly increases in U.S. interest rates that are expected this year. The RBI probably has memories of 2013 in India where capital exited emerging markets at a rapid pace.feedback
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Feb 09 2017 Demonetization
Faraz Syed has most recently been quoted in an article called Forget demonetization. India’s central bank is worried about inflation. Faraz Syed said, “Because of demonetization , lending rates have come down. As well, bank deposits have increased. If those lower lending rates can be translated into higher investment, then there's certainly going to be less risk from demonetization. It will also depend on the monsoon season that's coming up. Monsoon season tends to drive India's food inflation. If we see a good monsoon season, I think food prices will come down even lower than they are at the moment and therefore I think RBI will be cutting interest rates in the second half of the year.”. Faraz Syed has been quoted a grand total of 3 times in 2 articles.
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