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Global Economy To Suffer Significant Loss, But India Better Placed: RBI | Read

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  • Published On: May 27, 2022
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The global recovery is expected to suffer a significant loss of momentum in 2022, the Reserve Bank of India's annual report showed. The risks are large and to the downside from the escalation in the Russia-Ukraine war leading to shortages of raw materials as global supply chains continue to remain distorted, even before they could recover from the pandemic-led distortion, said the RBI.
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