India: RBI seen on hold this month – UOB – by pabspiovano India CentralBanks Banks InterestRate
Economist Lee Sue Ann at UOB Group sees the Reserve Bank of India keeping its policy rate unchanged at its August 10 event.While the possibility of further rate increases remains on the table, we see a high likelihood of the RBI maintaining its rate pause, for now, at 6.50%.
Incoming data, particularly consumer prices, as well as developments in the external environment will be the main factors of consideration for the upcoming decisions. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD seems to have moved into a consolidative phase – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest EUR/USD could ace some consolidation in the near term. Key Quotes 24-
Read more »
AUD/USD: Dwindling bets for a deeper pullback – UOBIn the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, the prospects for further decline in AUD/USD seems to be losi
Read more »
USD/JPY now seen extending the range bound trade – UOBUSD/JPY is expected to keep the 140.00-143.30 range for the time being, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UO
Read more »
USD/CNH: Further consolidation in the pipeline – UOBNo changes to the consolidative mood around USD/CNH for the time being, argue Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group
Read more »
USD/THB: Potential upside on the cards near term – UOBIn the opinion of Markets Strategist Quek Ser Leang at UOB Group, further gains in USD/THB appears on the table in the short-term horizon. Key Quotes
Read more »
USD/IDR: Still scope for further improvement – UOBUSD/IDR is still seen advancing further in the near term, comments Markets Strategist Quek Ser Leang at UOB Group. Key Quotes Last week, we expected U
Read more »