Page content
RBI unlikely to hike rates now despite crude inflation as it is supply-driven shock, not demand: Natixis Economist
The Reserve Bank of India (RBI) is unlikely to immediately raise interest rates despite inflationary pressures from rising crude oil prices, as the current situation reflects a supply-side shock rather than demand-driven inflation, according to Trinh Nguyen, Senior economist, Emerging Asia at Natixis. [...]