Has RBI’s Das just put rupee on a long downward trajectory?


Primus Partners CEO Nilaya Varma said RBI has moved to flatten the yield curve by looking at sucking out short term liquidity using mechanism like variable rate reverse repo and also announcing G-SAP 1.0 to stabilise long term rates. "This will help keep cost of borrowing low especially for government," Varma added.

Publication - The Economic Times