RBI Releases December Edition of Financial Stability Report, Global Economic Recovery Loses Momentum In 2nd Half of 2021 Due To Rise In COVID-19
Global economic recovery has been losing momentum in the second half of 2021 in the face of resurfacing COVID-19 infections and the new variant Omicron.
The Reserve Bank of India (RBI) on Wednesday released the December edition of the Financial Stability Report. As per the report, Global economic recovery has been losing momentum in the second half of 2021 due to the rise in COVID-19 infections and the new variant Omicron variant.
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