They will also decide how much of the burden shifts onto the RBI's own balance sheet. The question now is whether calming the market changes the forces pushing the rupee lower, or only changes where they show up. #RBI #IndianRupee #OilImports

#IndianRupee #RBI #USTreasuryYields

The question now is whether this week's statement treats crude and global yields as passing noise, or as the outer limits on how far Indian monetary policy can move on its own. #RBI #MonetaryPolicy #IndianRupee

last shock. It does not show how it will handle a shock that hits costs and demand at the same moment. #PricingPower #IndianRupee #CrudeOil