It’s the economy, stupid! What do we do with all this money?
The RBI is in a fix. Too much capital is flowing into India. And it turns out, you can have too much of a good thing – money included.
The RBI is in a fix. Too much capital is flowing into India. And it turns out, you can have too much of a good thing – money included.
If inflation rises, the RBI hikes interest rates. If it goes down, the RBI does nothing. Why? For that, you need to know the RBI’s real job.