Global risks persist despite US-Iran truce, but India backed by strong fundamentals: RBI
Mumbai, June 22 -- The Reserve Bank of India (RBI) has said that the global economic landscape remains fragile despite some relief from the interim US-Iran peace agreement, while noting that India has entered the current period of uncertainty with stronger economic fundamentals compared with many other countries.
In its June Bulletin, the RBI said any breakdown of the US-Iran agreement could revive significant risks for the global economy, including higher inflation expectations, disruptions to critical energy infrastructure, delayed investment spending, food security concerns, financial stability risks and structurally lower economic growth.
It stated, "The global economic landscape remains fragile despite some respite gained through t...
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