Fixed Income And Currency Market

11 Jul 2022

INR to fall sharply if RBI goes slow on rate hikes

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INR is trading at record lows and RBI governor Shaktikanta Das is underplaying inflation fears and is confident inflation will come off from October 2022. Given this, RBI rate hikes may be much slower than Fed or ECB and this could pull down the INR sharply.

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Subhasis Mishra
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