RBI monetary policy: Here's why governor Shaktikanta Das cut repo rate today
Updated : February 08, 2019 06:12 AM IST
According to the RBI governor Shaktikanta Das, one of the key reason behind the cut was the fall in the export growth in the last quarter. "Export growth was almost flat while import growth turned negative in December 2018," Das said
Fall in the inflation trend has also prompted to this move. As per the governor, path of inflation has moved downwards significantly.