Monday, November 17, 2008

Interest rates in the world's top nations

India still maintains regime of high interest rates, in spite of recession creeping through economies across the world, fuel prices dropping from $147 to
$55 now, still petroleum ministry does not want to reduce fuel prices to cover up for the losses of Oil Companies and aviation sector reeling under huge losses
offering tickets at dirt cheap rates previously, banks reluctant to pass on benefit of measures taken by RBI, hesitant to reduce interest rates.

rediff.com: Interest rates in the world's top nations
Blogged with the Flock Browser

No comments: