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US starts tapering bond purchases

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Will the so called Quantitative easing by US help India...3 months back there was a turmoil in the Currency market with Rupee falling sharply to near Rs 70 and subsequently when the Q.E got stalled, Ruppe rebounded to near Rs 61...This time with bond purchases a reality, though on a small scale, will it rile our Rupee...May be beneficial to software exports as demand in US will go up...Imports will cost more and affect the inflation..More to watch out!

Fed Reserve begins tapering bond purchases | Business Line
 
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