RBI expected to hold repo at 5.25% as uncertainty eases, will watch food and fuel pass-through: BofA Securities
· economictimes.indiatimes.com
The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as the US-Iran peace agreement reduces geopolitical uncertainty, while it monitors food and fuel price pass-through before acting, BofA Securities said in a note on the June MPC minutes.
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