Reserve Bank of India (RBI) governor Shaktikanta Das has said interest rates could remain high for long if the Ukraine conflict continues to remain where it is without any new flashpoints, but did not rule out a quicker adjustment to supply chain issues that could ease inflation and, hence, the cost of funds.
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Rates could stay high for long if Ukraine war continues: RBI governor Shaktikanta Das
January 14, 2023
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