Crash and carry – New reserach suggests a way to make steady profits from the carry trade

Carry trade strategy : buying (investing in) a high interest yielding currency and selling (borrowing) a low yielding currency
Yen is favoured funding currency for the carry trade due to low interest rates in Japan
Dollar has become the next favoured one [...]

Will RBI retain easy monetary policy?

The Reserve Bank of India today released its review of the macroeconomic and monetary developments which serves as a background to the Second Quarter review of Monetary Policy 2009-10 being announced tomorrow, October 27th, 2009.