May 18, 2021

Politics & News

Politics and Commentary News Aggregator

RBI Favours Retaining Inflation Target, Tolerance Band For Next Five Years

1 min read

The Reserve Bank of India favours retaining the inflation target and the tolerance band adopted in 2016, citing the long-term trend and global experience.”The current numerical framework for price stability—an inflation target of 4% with a +/-2% tolerance band—is appropriate for the next five years,” the RBI said in its ‘Report On Currency And Finance’.According to the report:In the international experience, inflation-targeting emerg…

Vishwanath Nair
2021-02-26 04:25:16

All news and articles are copyrighted to the respective authors and/or News Broadcasters. LC is an independent Online News Aggregator

Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.