Foreign Exchange
Real Estate
Foreign Exchange
See my blog
of July 9, 2014 for the original note
on using TMV/GNP ratio to gauge whether the market is cheap or
expensive, and my monthly blogs on this subject.
Foreign Exchange
According to government estimates, GDP in nominal terms fell by about 4% in FY 20-21, the financial year that just got over. Yet during the same period, money supply growth accelerated to 12% from the previous year's (FY 19-20) 9% . Is RBI's lack of control over money supply contributing to rising inflation? Money supply numbers need to be closely watched this financial year.