INR: Rupee seen as key shock absorber – Standard Chartered
Standard Chartered’s Anubhuti Sahay and Saurav Anand assess India’s macro outlook as Middle East tensions raise risks for Oil and global rates.

Standard Chartered’s Anubhuti Sahay and Saurav Anand assess India’s macro outlook as Middle East tensions raise risks for Oil and global rates. They keep India’s existing macro forecasts unchanged for now but warn that the external sector is vulnerable to crude above USD 100/bbl, with the Rupee (INR) expected to absorb shocks and policy possibly turning tighter.

Rupee, Oil and policy risks for India

"We maintain our macro forecasts for now amid uncertainty related to duration of the conflict and energy price equilibrium."

"The external sector is most at risk from prolonged conflict in the Middle East and crude oil prices above USD 100/bbl, in our view."

"We think INR has to be the shock absorber to limit the impact on the economy; mitigating measures to contain demand/the import bill are crucial too."

"Growth-inflation-fiscal dynamics to deteriorate but remain relatively better than in FY23 after the start of the Russia-Ukraine war."

"Risks may shift towards a policy rate hike rather than a pause/cut if energy prices stay elevated for long and/or global rates increase."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa

LIVE QUOTES

Pangalan / Simbolo
Tsart
% Pagbabago / Presyo
GBPUSD
1 araw na pagbabago
+0%
0
EURUSD
1 araw na pagbabago
+0%
0
USDJPY
1 araw na pagbabago
+0%
0

LAHAT TUNGKOL SA FOREX

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa