Falling global crude oil prices are easing inflationary pressures across Asia, giving the RBI and other central banks greater flexibility to support economic growth. However, Standard Chartered warns that a possible Super El Nino could reverse these gains by pushing energy prices higher
According to reports, the Reserve Bank of India has raised concerns following alleged sales by Standard Chartered to small and medium-sized enterprises of target redemption forwards, ‘a product that can cause significant losses’
