RBI expected to maintain policy rate amid trade deal optimism
pre-market1 source ↓written by the desknot a recommendation
- for the upcoming
- 7%
The Reserve Bank of India is likely to keep the benchmark repurchase rate unchanged at 5.25% on Friday, following a positive economic outlook boosted by a recent trade deal. A survey of 39 economists shows that only five anticipate a rate cut, reflecting confidence in sustained growth above 7% for the upcoming fiscal year. The rupee's significant rally further supports this stance.
Not investment advice. For informational purposes only.