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Rupee may continue to remain weak on volatility in global markets: RBI report
October 9, 2019 | By Livemint.com
business
Rising protectionism, slowdown in global trade may increase volatility in the financial markets, says RBI report.An appreciation of the rupee by 5% could moderate inflation by around 20 bps and GDP growth by around 15 bps from the the baseline
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New Delhi: The Indian rupee is likely to continue its weak trend against the dollar due to a probable rise in volatility in the international financial markets. According to the Reserve Bank of India's (RBI) Monetary Policy Report for October 2019, rising pr
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