Dollar Inflows To Boost Liquidity

Fears of a US-led attack on Iraq will boost the liquidity in the system as funds flow out of the Gulf to safer destinations.

Indian interest rates, though low today, are relatively higher than in other parts of the world, and hence tend to attract inflow of dollars into the country.

The sentiment and the prices of securities will revolve around the latest development on the US-Iraq war front. What the UN inspector