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RE:rising emi
by Kartik Patel on May 02, 2007 07:36 AM

Don't rush into selling. Wait for sometime (6-8 months). RBI is softening and in medium term interest rates would tend to remain benign. Inflation here is mainly driven by crude prices because crude forms a major part of our import bill. With Rupee gaining strength, imports may become little cheaper and ease down inflationary conditions and so the interest rates.

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The above message is part of the Discussion Board:
How to cope with rising EMIs?