RBI Set to Hold Rates While Confronting Weak Rupee: Policy Guide


Even as economists expect the RBI to focus on calming markets this week, they say it may eventually be forced to raise rates if the Iran war drags on, as costlier energy imports risk fueling inflation. Standard Chartered Plc. economists Anubhuti Sahay and Saurav Anand said while they don’t expect a rate hike in April or this fiscal year, there’s a “risk of a 25-50 basis points increase in the repo rate if a sustained rise in energy prices pushes global rates higher, putting further pressure on the Indian rupee.”



Source link

  • Related Posts

    India Monsoon Rains Seen Below Normal, Private Forecaster Says

    The monsoon is vital for Indian agriculture, helping irrigate fields and replenish reservoirs for winter crops. It supports millions of livelihoods and influences food prices. Weak rainfall in one of…

    Bitcoin Slides With Risk Assets as Trump’s Iran Ultimatum Looms

    (Bloomberg) — Bitcoin slipped in Asia Tuesday, as cryptocurrencies were caught up in the broader market volatility ahead of President Donald Trump’s deadline for Iran. The largest cryptocurrency fell as…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Amazon’s new USPS deal will see postal deliveries cut by 20 percent

    Amazon’s new USPS deal will see postal deliveries cut by 20 percent

    India Monsoon Rains Seen Below Normal, Private Forecaster Says

    UK City firms report fastest turnaround in fortunes in 30 years | Financial sector

    UK City firms report fastest turnaround in fortunes in 30 years | Financial sector

    Meet Poeza, the Shakespearean Bridal Brand From Justin Alexander

    Meet Poeza, the Shakespearean Bridal Brand From Justin Alexander

    Offset, Former Migos Rapper, Is Shot Outside Florida Casino

    iPhone Mirroring Is One of the Best Hidden Features on the Mac

    iPhone Mirroring Is One of the Best Hidden Features on the Mac