Apart from these, the other supply-side challenges induced by the war in Europe or drought in other parts of the world will also impact the prevailing inflation. Amidst this environment, where the chances of inflation remaining elevated throughout the year are high, central bankers across the globe face the daunting challenge of managing interest rates without sacrificing growth.
ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate,