Indian IR futures may see revival

11 Dec 2006

India's dormant interest rate futures market could be revived following moves by Reserve Bank of India to reconsider market regulation and product specifications.

A meeting last week...

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“At the highest level of economic motivation for their actions and most generous interpretation of them, they are trying to influence prices in a way that benefits mankind and they should be considered heroes for it.”

John Lothian on speculators in the commodity markets.