Home Business Urjit Patel warns that ongoing trade wars might escalate into currency wars

Urjit Patel warns that ongoing trade wars might escalate into currency wars

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Dhrumit Thakkar
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(G.N.S) Dt. 02 Mumbai The Reserve Bank of India (RBI) governor Urjit Patel has warned that ongoing trade wars might escalate into currency wars, leading to more volatility in financial markets. This uncertainty appears to be one of the triggers behind the rate hike as higher interest rates, besides taming

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