IMF Official Says India Should Prioritize Inflation as Oil Risks Rise
IMF Asia-Pacific Department Director Krishna Srinivasan said India’s monetary policy should focus on controlling inflation rather than rupee movements. He identified higher crude oil prices as a major risk to Asia’s growth outlook.
Higher crude oil prices remain one of the biggest risks to Asia's growth outlook, but India's monetary policy should continue to focus on controlling inflation rather than rupee movements, according to Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fun…