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23rd May 2022 00:10Emerging Asia, Daily Monitor, Weekly Monitor

The minutes of the RBI’s hike in May show that only a minority of members are gung-ho on inflation.

India’s unusually big budget gap in February is due to transfers to states; time for forecast revisions.

Indonesia’s current account narrowed further in Q1, but we now expect a full-year surplus for 2022.

current account deficit exports fuel government india inr January June March May monetary policy mpc November oil oil exports policy q1 rate hike rbi repo Reserve Bank of India trade trade surplus us

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