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RBI Governor Urjit Patel Fears ‘ Currency War’ In The Days Ahead

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                                       Impactnews of India 

RBI Governor Urjit Patel has said the second 25 bps rate hike in as many months is to ensure that the Reserve Bank doesn’t drift away from its 4-per cent inflation mandate and keeps moving towards the target on sustainable basis. Listing out a rash of headwinds — higher risks to inflation driven by domestic and external factors, trade wars which are slipping into a “currency war now”, uneven global  ................................................................
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