Rupees value looks in a hammering down position could have a chance to fall down again as result inflation rate is very tough to reduce .Though RBI had cut down their both crr and rapo rate but no such an impact on the economy only the house loan is cheaper . AS per economic growth is concerned is at a very downgrade position .So RBI should need to focus on monetary policy to stabilize the hike in prices so as to soar up the GDP growth rate otherwise it is very much typical to reduce the current account deficit .Therefore as per the discussion is concerned if rupee will fall again then RBI should take some strignet , non discriminatory as well as postive measures to reduce the hike in prices so as to improved the GDP grow rate of the Indian economy.
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