RBI set to hold rates on 5 Aug as global risks cloud outlook: Mint poll
New Delhi, Aug. 3 -- The Reserve Bank of India (RBI) is expected to leave interest rates unchanged at its monetary policy review on 5 August, shifting the focus from what it does to what it says.
A Mint poll of 10 economists found all respondents expect the RBI to keep the repo rate unchanged at 5.25% and retain its "neutral" policy stance, preserving flexibility as it navigates geopolitical risks, volatile crude oil prices, an uneven monsoon, a weakening rupee and imported inflation.
The Monetary Policy Committee (MPC) is scheduled to announce its decision after its 3-5 August meeting.
The repo, or repurchase, rate is the rate at which the RBI lends short-term funds to commercial banks, typically against government securities as colla...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.