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RBI research reveals economic ripple effects of geopolitical shocks on India

A one standard deviation shock to the global GPRI can lead to a trade volume decline of 1.0 percentage point and a capital flow cutback of 0.3 percentage points

January 20, 2025 / 08:32 IST
India isn’t just battling its own geopolitical demons. Global GPRI shocks spill over into India too, worsening trade terms, prompting capital outflows, and causing a prolonged contraction in trade (Representative image)
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