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India not to be impacted by US Fed's likely liquidity taper: Govt official
2021-08-31 00:00:00.0     商业标准报-经济和政策     原网页

       NEW DELHI (Reuters) - India will not be impacted by the U.S. Federal Reserve's move to tighten liquidity expected later this year, as India's macro-economic fundamentals are strong, Chief Economic Adviser K V Subramanian said on Tuesday.

       Asia's third-largest economy has bad memories of past attempts by the Federal Reserve to get away from crisis-mode policies, particularly in 2013 when mere talk of "tapering" stimulus prompted the rupee to sink to record lows.

       "Our macroeconomic fundamentals, whether it's inflation, whether it's a current account deficit, whether it's our forex reserves, and all the others metrics clearly indicate that our macroeconomic fundamentals are very very strong," Subramanian said.

       (Reporting by Aftab Ahmed; Editing by Peter Graff)

       (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


标签:经济
关键词: crisis-mode policies     India's macro-economic fundamentals     auto-generated     Federal Reserve's move     tapering     Asia's third-largest economy     Subramanian    
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