Friday, March 27, 2020

RBI refrains from growth and inflation projections amid Covid uncertainties

“Given this heightened volatility, unprecedented uncertainty and extremely fluid state of affairs, projections of growth and inflation would be heavily contingent on the intensity, spread and duration of COVID-19. Precisely for these reasons, the MPC refrained from giving out specific growth and inflation numbers,” Reserve Bank of India Governor Shaktikanta Das said.

from Economy-News-Economic Times https://ift.tt/2wI3QrT
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