New Delhi, June 22 (IANS) The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to maintain a wait-and-watch approach amid elevated uncertainty, with falling crude oil prices and a stronger rupee expected to cushion inflation risks, a report said on Monday.”Uncertainty is too high for immediate action. Hold now, stay neutral, wait for clarity and keep optionality open is the underlying message of the MPC minutes,” the report from SBI Research said.The report highlighted that the …
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