Election volatility likely to be short-lived: RBI deputy governor T Rabi Sankar

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RBI Deputy Governor T Rabi Sankar acknowledged that while Donald Trump's presidential victory might trigger short-term market fluctuations, India is well-prepared to navigate these challenges.

He highlighted the anticipated influx of funds due to India's inclusion in global indices as a mitigating factor against potential volatility.

An increase in US debt issuance could raise interest rates, which would affect us as well.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: Exchange rate and interest rate volatility Trump election financial volatility RBI deputy governor T Rabi Sankar India global index funds Global bond indices inclusion Short-term market volatility Impact of US debt on India

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 06:48:12 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23465688

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