Muted impact of Fed's Taper 2 on India due to strong external position: RBI article - Economic Times

The article published in the Reserve Bank of India's (RBI) monthly bulletin for July compared the impact of the two taper announcements (May 22, 2013 and November 3, 2021) by the US Federal Reserve (Fed) on Indian financial markets.

The impact of US Federal Reserve's announcement in November last year to taper its asset purchases was "moderate" on Indian financial markets largely due to the country's strong external position in … [+5516 chars]

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