RBI faces inflation challenges amid rupee weakness
pre-market1 source ↓written by the desknot a recommendation
- inflation trends below
- 2%
The Reserve Bank of India is under scrutiny as inflation trends below 2%, raising concerns about price stability. Former Deputy Governor R. Gandhi highlighted the need to support growth, suggesting that policymakers may need to pump up inflation to align with targets. This situation complicates the RBI's approach to currency management amid a weakening rupee. 📉
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