Cannot take soft commodity prices for granted: RBI chief

Reserve Bank of India governor Duvvuri Subbarao said on Thursday that soft global commodity prices cannot be taken for granted while addressing a gathering in Ahmedabad.

May 30, 2013 / 20:58 IST

Reserve Bank of India governor Duvvuri Subbarao said on Thursday that soft global commodity prices cannot be taken for granted while addressing a gathering in Ahmedabad.

Oil prices fell below USD 102 a barrel on Thursday and were on track for a third straight month of losses amid a tepid global demand outlook and abundant supplies in the United States.

first published: May 30, 2013 08:58 pm

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