BankingAfter close
RBI likely to keep repo rate at 5.25% through FY27
after close1 source ↓written by the desknot a recommendation
- earlier this month
- 25-basis-point cut
- terminal rate
- 5%
- by month-end
- ₹90/USD
The Reserve Bank of India is projected to maintain its policy repo rate at 5.25% through FY27, following a 25-basis-point cut earlier this month, according to Fitch Solutions. This comes as expectations for further reductions have shifted, with many economists anticipating a terminal rate of 5%. The rupee is forecasted to hover near ₹90/USD by month-end.
Not investment advice. For informational purposes only.