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Price shock has this $29 billion debt manager expecting hawkish RBI

Price shock has this $29 billion debt manager expecting hawkish RBI

“The market found it very difficult to digest the inflation numbers, and we don’t see commodity prices coming down, especially oil,” said Srinivasan, who expects the RBI to first start draining liquidity using reverse repos, followed by a hike in the reverse-repo rate, and eventually a hike the benchmark interest rate after March 2022.


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7 July 2021, 08:12