HomeNews News RBI strictly warns spike in Inflation Post-Demonetization RBI strictly warns spike in Inflation Post-Demonetization

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RBI strictly warns spike in Inflation Post-Demonetization

RBI strictly warns spike in Inflation Post-Demonetization

Saturday, March 11, 2017, 12:00 PM
Post-demonetisation, RBI on Friday warned of a possible spike in inflation and stressed the need to make digital payments "safe and secure", even as it felt that the adverse and transient impact on the economy has "by and large" dissipated already. In a preliminary assessment report on 'Macroeconomic Impact of Demonetisation', a RBI paper said Rs 1000/500 notes valued at Rs.15.6 trillion were demonetised.
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