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Let exchange rate act as shock absorber: IMF on Fed hike impact on India

The International Monetary Fund has said the US Federal Reserve's decision to hike interest rates would contribute to tighter global financial conditions and suggested that India allow the exchange rate to act as a shock absorber. An IMF spokesperson on Frida…

By Press Trust of India· Business Standard· 1 day ago· 2 min read
Let exchange rate act as shock absorber: IMF on Fed hike impact on India