Several commentators have pointed to the multiple references to the currency in the RBI governor’s statement on monetary policy. While the governor asserted that the rupee’s depreciation has been modest compared to most other currencies, at the same time the July trade deficit has surged to a historic high. True, analysts have said that the record deficit is probably a one-off, the result of lower exports because of windfall taxes on the export of petroleum products. That may be correct,...
Moneycontrol Pro Panorama | The case for a 50-bps rate hike
Sep 26, 2022 / 03:13 PM IST
In today’s edition of Moneycontrol Pro Panorama: RBI's liquidity problem, Telecom draft bill needs rectification, plummeting Hang Seng raises China's concerns, India's road sector in quandary, and moreRead Now
To read the full story, Subscribe to Moneycontrol PRO
Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience
Already a member? Sign in
Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to
Ad free experience
Experience a non-intrusive navigation and faster response in the ad free mode
Access to 230+ exclusive stories per month from our editorial and Experts
Have a Global edge with access to content from world renowned experts and journalist
Access to 40+ weekly investment ideas including 4 daily technical calls
Exclusive access to live webinars from market experts on trading and investment strategies
Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.
Get upto 50% discount on limited period offers