Gita Gopinath Exclusive: E IMF Chief On US-Iran Pact, Oil Prices, Indian Economy & Fall Of Rupee
Gita Gopinath Exclusive Interview: IMF chief Gita Gopinath spoke exclusively with Times Now's Zakka Jacob on the show Frankly Speaking over US-Iran Peace Agreement, India's
Gita Gopinath Exclusive Interview: IMF chief Gita Gopinath spoke exclusively with Times Now's Zakka Jacob on the show Frankly Speaking over US-Iran Peace Agreement, India's economy, Oil Prices & more. Gita Gopinath said, "It is certainly good news for the global economy that this conflict has, at least for now, been somewhat resolved. Given India's dependence on the Middle East for energy imports, this is clearly positive.
We've seen oil prices fall very rapidly—faster than many had expected. There was a reason why a deal was reached so quickly. The situation was approaching a tipping point, where a prolonged closure of the Strait would have caused a major spike in oil prices...U.S. interest rates are expected to remain elevated, which could put pressure on capital flows into markets, including India.
Domestically, India faces potential headwinds. One is the progress of the monsoon and its impact on agricultural output." Watch the video to know more. Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the Get Breaking news, the Latest news, Politics news, of the day. Times Network houses upscale television channels. Times Network takes the lead with its ground-breaking innovation and disruption of a new content category.
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