Economists at Commerzbank analyze the Reserve Bank of India (RBI) policy outlook and its implications for the USD/INR pair.
Economists at Commerzbank analyze the Reserve Bank of India (RBI) policy outlook and its implications for the USD/INR pair.
RBI to maintain a wait-and-see mode
RBI will remain vigilant and watchful on the inflation front. Lower commodity and oil prices have helped headline inflation to moderate to under 5% YoY in June. It is likely to remain around this level in Q3 but is expected to pick up in Q4, driven by the lower base and higher cost pressures.
We expect RBI to maintain a wait-and-see mode and leave rates unchanged for the rest of the year.
For USD/INR, RBI will be content with the stability. It continues to hold within the 81-83 range since the start of the year.
RBI will remain vigilant and watchful on the inflation front. Lower commodity and oil prices have helped headline inflation to moderate to under 5% YoY in June. It is likely to remain around this level in Q3 but is expected to pick up in Q4, driven by the lower base and higher cost pressures.
We expect RBI to maintain a wait-and-see mode and leave rates unchanged for the rest of the year.
For USD/INR, RBI will be content with the stability. It continues to hold within the 81-83 range since the start of the year.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
喜歡的話，讚賞支持一下
暫無評論，立馬搶沙發