RBI repo rate may rise to 6.5% amid inflation concerns
pre-market1 source ↓written by the desknot a recommendation
- could increase
- 5.25%
- if inflation remains
- 6.5%
- in August
- 4.82%
- in July
- 4.45%
The Reserve Bank of India’s repo rate could increase from 5.25% to 6.5% if inflation remains high, as per a Systematix report. Retail inflation rose to 4.82% in August, up from 4.45% in July, intensifying pressure on monetary policy. Elevated wholesale prices and crude oil costs are contributing factors.
Not investment advice. For informational purposes only.