India’s monetary policy seen easy on virus surge3 min read . Updated: 06 Apr 2021, 08:13 PM IST
- All 30 economists surveyed expect the 6-member Monetary Policy Committee to keep the benchmark repurchase rate unchanged at 4% on April 7.
- Traders will watch for an explicit forward guidance from the RBI on how long the policy stance will stay accommodative and liquidity abundant despite stubborn inflation
India’s monetary policy makers are poised to hold interest rates this week as the economy faces a renewed threat to growth from the pandemic, with new cases hitting a record.
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