Tag «RBI monetary policy – (August 1»

Comments of Moses Harding John, CEO, India & East Africa, SBM Holdings Ltd on RBI monetary policy – (August 1, 2018)

The expectation was balanced between rate pause and 25 bps rate hike, and MPC preference went in favour of rate hike, to have better grip on sticky inflation and to arrest INR weakness beyond 69. RBI is seen to have weighed on external cues largely from Brent Crude resilience at lower end of $70-80, USD …

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