In Focus by The Hindu cover image

What global factors influence India's forex reserve levels? | In Focus podcast

In Focus by The Hindu

00:00

Is the RBI Going to Increase Interest Rates?

RBI is trying to guide inflation lower from the current levels of 7 percent back to the target ban which is under 6 percent. So in this effort I guess the central bank is doing a reasonably good job and they have given out signals while yes they could say that RBI has high rates by 140 basis point on the upper front and they hike another of 50 basis points while replacing SDF with the reverse reparate. One year down the line the expectation is that inflation would be closer to 5.5 percent and if let us say you keep your reparate so the current level of reparate is at 5.9 and with 5.5 per cent inflation one year later you are trying to maintain

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app