Reserve Bank of India expected to hold rates as inflation stays in comfort zone, Reuters poll shows
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A hold from the RBI, in line with 68 of 72 economists surveyed by Reuters , would keep India as a notable outlier among emerging and developed market peers that have already hiked in response to the oil-price shock from the Iran war. The divergence keeps the rupee vulnerable, sin
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Asia week ahead: Indian rate decision and data on Philippines, Indonesia, China
The upcoming week features the Reserve Bank of India's decision on interest rates as a pivotal event, which is likely to see the repo rate held at 5.25%, according to recent analysis. This stance reflects a broader trend of contained core inflation and the potential lingering effects of elevated oil prices on domestic price pressures (per the full note [source]). Additionally, various macroeconomic indicators from Southeast Asia, including Philippine GDP and Chinese trade data, will shape the regional outlook for domestic currencies against the backdrop of these pivotal central bank decisions.