this is indicates of CB does not happy to increase rates from this point...
next week T-Bill rates start to fall 5-10 Cents per week. during two-three weeks
and also Local Government election will be end of June. then we cannot see any rates hike during this period and also rates can be drop. bcz government wants to up CSE
Ravi said. 18 Billion rupees assign for senior citizens.
Govt. enhances upper limit for 15% special interest to senior citizens’ deposits to Rs.1.5 m - See
that means increase liquidity. 18*100/3.2 =around 562 Billions. to face this means keep interest rates at this level.
at the Same Time Ravi saying 5.7% - 6% economy growing for 2017. again indication no Interest rates hike...
Mada gahan set ekata aradana karanawa logical discussion ekakata..