Daily Flash | Asia | 17 April 2012: India’s central bank surprises with a 50 bps rate cut; A decline in foreign investment inflows to China continues in March; Australia hints further rate cuts likely
Published on Monday, April 16, 2012
Daily Flash | Asia | 17 April 2012: India’s central bank surprises with a 50 bps rate cut; A decline in foreign investment inflows to China continues in March; Australia hints further rate cuts likely
Weaker FDI inflows to China and concerns about the European debt crisis sent markets lower again today, although a larger-than-expected rate cut by the RBI lifted shares in India
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