India's economic growth will start falling sharply.
Thailand, South Korea and Indonesia are all due to report inflation data.
The inflation declined by 0.06 per cent from the previous week.
He hopes inflation, which came down to 8.9 per cent, would decline further.
It can't be done before that becoz of the Election Commission's code of conduct.
PSU banks had already reduced their home loan rates by 75 basis points.
Economy would see a moderate impact of the crisis and domestic factors.
The rate of price rise has declined to 8.90% for second week of November.
The January contract Friday rose 51 cents to settle at USD 49.93.
They even do not rule out a possibility of 30 dollars.
