Madan Sabnavis

In a compelling discussion, Madan Sabnavis, Chief Economist at Bank of Baroda, reveals how the Indian rupee's volatility affects households across the country. With the rupee toppling even amidst strong GDP growth, he highlights the lag in import costs and their impact on consumer prices. Sabnavis cautions that short-term swings hurt more than gradual declines, and shares insights on hedging strategies for importing firms. He also discusses the critical role of US trade talks in determining the rupee's future, offering listeners a thought-provoking look at India's economic landscape.