Declining crude prices adds elbow room for rate cuts amidst weakening rupee
- Posted on March 6, 2025
- By Business News Today
- 5 Views
Declining crude prices adds elbow room for rate cuts amidst weakening rupee
Indias central bank may have room for monetary easing due to falling global crude prices offsetting risks from a weaker rupee. Despite concerns over imported inflation affecting the consumer price index, easing energy prices could help lower import costs, thereby supporting further rate reductions.
