Learn English: India's Central Bank Gets a New Leader (hard)

2 weeks, 2 days ago

India's Central Bank Gets a New Leader

India surprisingly replaced its central bank governor, leaving markets wondering about the future.

The new governor, Sanjay Malhotra, faces challenges of slowing economic growth and rising inflation.

His appointment follows a decline in economic growth and inflation exceeding the central bank's target.

This unexpected change creates uncertainty, especially with another key official's term ending soon.

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Source

Original: Al Jazeera

Tags

#India #Central Bank #Monetary Policy #Economic Growth #Inflation

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