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Февраль
2022

RBI's MPC did see Ukraine-Russia tension as a bigger risk than omicron

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“As we meet, geopolitical tensions have become a bigger risk to the global economy than the virus “ said external member JR Varma and a caveat from internal member Mridul Sagar, RBI executive director says “ The current geopolitical stress in Europe is a significant risk and if it translates into oil and gas prices spiking, we will need to adjust macro-economic policies suitably”



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