Former RBI Deputy Governor R. Gandhi highlighted concerns over inflation falling below the MPC’s target, necessitating measures to boost growth and production. He clarified the RBI’s focus on managing rupee volatility rather than targeting a specific exchange rate, attributing recent depreciation to trade deficits and year-end outflows.
Former RBI Deputy Governor R. Gandhi highlighted concerns over inflation falling below the MPC’s target, necessitating measures to boost growth and production. He clarified the RBI’s focus on managing rupee volatility rather than targeting a specific exchange rate, attributing recent depreciation to trade deficits and year-end outflows. by Soban News (international And National News)
