HomeBusinessChief Economic Adviser K V Subramanian

Chief Economic Adviser K V Subramanian

''India Not To Be Impacted By US Fed's Move To Tighten Liquidity'': K V Subramanian

Our macroeconomic fundamentals are very very robust, mentioned Chief Economic Advisor

India is not going to be impacted by the U.S. Federal Reserve’s transfer to tighten liquidity anticipated later this yr, as India’s macro-economic fundamentals are robust, Chief Economic Adviser K V Subramanian mentioned on Tuesday.

Asia’s third-largest economic system has unhealthy recollections of previous makes an attempt by the Federal Reserve to get away from crisis-mode insurance policies, significantly in 2013 when mere speak of “tapering” stimulus prompted the rupee to sink to report lows.

“Our macroeconomic fundamentals, whether it’s inflation, whether it’s a current account deficit, whether it’s our forex reserves, and all the others metrics clearly indicate that our macroeconomic fundamentals are very very strong,” Subramanian mentioned.

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