Why RBI stepped back and returned to forex

On Episode 734 of The Core Report, financial journalist Govindraj Ethiraj talks to Kunal Sodhani, Vice President, Shinhan Bank as well as Sachin Seth, Chairman of CRIF High Mark and Regional MD, CRIF India and South Asia.

SHOW NOTES

(00:00) Stories of the Day

(00:50) US India trade deal or lack of it roils currency and stock markets.

(03:25) Why did the RBI step back from currency markets last week?

(11:06) A global merger deal driven by a race for copper falls apart

(14:02) What are US CEOs saying about high import tariffs

(16:38) How Indians are shifting towards secured credit and bigger ticket loans

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