Former RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested using liquidity measures instead of rate hikes if inflation risks rise. Subbarao has emphasised that monetary policy shou… For the full story, visit the source.
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RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri Subbarao
Former RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested using liquidity measures instead of rate hikes if inflation risks rise. Subbarao has emphasised that monetary policy shou…
By PTI· The Times of India· 4 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India