date:Sep 17, 2013
ts that the U.S. central bank will keep policy loose for longer.
The Fed is expected to reduce its $85 billion a month bond-buying programme this week, but financial markets are uncertain about the extent of the reduction.
Concerns that India, along with other emerging markets, will see reduced capital inflows and possibly even outflows once the Fed trims its stimulus programme have been a major factor in the rupee's slump.
Robert Prior-Wandesforde of Credit Suisse reckons Rajan could avoid a