ING Economists Expect RBI to Hold Repo Rate at 5.25%
Economists at ING anticipate the Reserve Bank of India will leave the repo rate unchanged at 5.25% this week. June headline inflation rose on fuel costs, but core inflation remained subdued.
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ING economists Deepali Bhargava and Lynn Song project the Reserve Bank of India (RBI) will maintain the repo rate at 5.25% at this week's policy meeting.
Headline CPI ticked higher in June, driven by rising fuel prices. However, core inflation continued to run below, lending support to the hold call.
Source: FXStreet Forex News