Thursday, October 18, 2018

Marc Faber : India has to increase interest

“[India] has large deficits and also a current account deficit as far as I know and so, either India has to increase interest rates meaningfully which would mean that the economy would be hurt or that they obviously will have a weaker currency over time,” Faber had told ET Now.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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