The Indian rupee’s slump to its weakest level since at least 1973 risks boosting inflation and spurring higher interst rates just as a manufacturing slowdown eases price pressures in neighboring China. SEE MORE The 2012 budget plan is currently a hot topic at the National Assembly agenda. Its Finance and Budget Committee senior expert Bui Duc Thu sheds some light on the issue. SEE MORE VietNamNet Bridge – Trade companies all say they won’t import goods in big quantity for the year-end sale season because of the expensive dollar, while they foresee the low purchasing power in the domestic market. SEE MORE India’s public debt at 70 percent of
its gross domestic product is preventing Asia’s third-biggest
economy from securing an investment-grade rating, Moody’s
Investors Service said. SEE MORE (VEN) - With a 90.4 vote in favor on
November 9 the National Assembly (NA) adopted the Resolution on
Socioeconomic Development Plan for 2012, which describes inflation
control as the primary task. SEE MORE
