RBI Holds Repo Rate Steady at 5.25% in August
The Reserve Bank of India left its key repo rate unchanged at 5.25%, in line with market expectations following the August monetary policy review.
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The Reserve Bank of India’s Monetary Policy Committee concluded its August meeting on Wednesday by voting to keep the benchmark repo rate at 5.25%.
The decision was widely expected, with no change in the policy stance signaled. The rate has been held at this level for multiple cycles.
No additional measures or guidance were announced in the brief statement.
Source: FXStreet Forex News