RBI MPC POLICY: REFORMS, REWARDS & RESILIENCE:POTENTIAL CAPITAL FLOWS OF AT LEAST $40 BN COULD PULL BACK RUPEE TOWARDS 92-93 LEVELS. PAUSE IN AUGUST POLICY LIKELY

SBI Research
Coming against the backdrop of a foggy landscape and yet to fully unfold second/third order impacts, the MPC today assiduously set in motion a chain reaction heavy on addressing the continued volatility in exchange rate.

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