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Weakness to continue till elections

Mumbai | July 15 2013 15 : 23 IST | Business Standard
On the monetary policy front, a weak outlook and high volatility in the currency have curbed probability of rate cuts in spite of benign wholesale price index-based inflaion. It looks as if the markets and the country are waiting for elections to get over. Given the fact that politicians will get into a campaign mode, decision making will get stalled.

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