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BW Businessworld

The End Of Easy Money

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The US Federal Reserve ended its quantitative easing (QE) programme with a final $15 billion bond purchase in October 2014. While opinion is mixed on whether QE was beneficial to the US economy, it definitely was for emerging markets like India. Between January 2009 and April 2014, India pocketed net foreign inflows to the tune of Rs 5,90,798 crore — a good chunk of it being a ‘QE spillover’

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Compiled by Shailesh Menon; Graphic by Prashant Chaudhary

(This story was published in BW | Businessworld Issue Dated 01-12-2014)