MOAR Advisory

RBI MPC Highlights: Repo rate unchanged; growth forecast cut

GCCs act as a stabiliser amid rupee pressure and global uncertainty: MOAR Advisory 

As the RBI navigates a challenging environment marked by a weaker rupee, elevated oil prices and geopolitical uncertainty, India’s Global Capability Centre (GCC) ecosystem is providing a steady source of foreign exchange inflows, said Mukesh Kedia, Co-founder and CFO, MOAR Advisory. 

“At a time when the RBI’s Monetary Policy Committee is threading a difficult needle between inflationary pressures, geopolitical uncertainty, and slowing global demand, India’s Global Capability Centres continue to channel a steady stream of dollar-denominated service exports into the economy, providing a structural counterweight to external volatility,” Kedia said.