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INDIA: RBI's Das Sees Strong Growth Momentum, Inflation Moderating Slowly

INDIA

Comments from RBI Governor Das have been crossing the wires. Below comments via BBG:

  • See strong growth momentum for India
  • Optimistic that 1Q GDP projection of 7.3% will hold
  • External demand for exports will continue to remain strong
  • Inflation is moderating, but at very slow pace
  • Will continue to build up reserves opportunistically
  • Strong reserves help us prevent volatility in the market

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