Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

CBA’s Ji Says Rupee to Get ‘Small’ Lift From ECB as Worries Stay

Sept. 6 (Bloomberg) -- Andy Ji, Singapore-based strategist at Commonwealth Bank of Australia, comments on the impact of expected stimulus measures from the European Central Bank on the Indian rupee.

“The market has priced in, by various degrees, policy support not only from ECB but also the Fed. We expect more subdued impact if the Fed goes ahead with additional quantitative easing and ECB’s actions will probably be more restricted to the broad euro direction.

‘‘Thus, the rupee could get a small lift but the contentious issue remains domestic conditions, namely growth and inflation outlook. At this point of time, the dichotomy between faltering growth and elevated inflation has not really shifted much, which will continue to cloud the rupee’s outlook.”

To contact the reporter on this story: Jeanette Rodrigues in Mumbai at jrodrigues26@bloomberg.net

To contact the editor responsible for this story: James Regan at jregan19@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.