Nomura Economist Sonal Varma Previews RBI Decision

The video discusses the Reserve Bank of India's (RBI) approach to managing the rupee amid its weakness against the dollar, focusing on domestic growth and inflation dynamics. It explores the potential impact of US rate hikes on India's economy, emphasizing the importance of allowing the rupee to adjust naturally. The discussion highlights India's economic recovery, driven mainly by the organized sector, and the challenges posed by global economic slowdowns and monetary policy normalization.

Discuss the impact of a weaker rupee on India's current account balance.

What factors are contributing to the growth headwinds facing India in the near future?