Fixed Income And Currency Market

4 Jun 2017

RBI Policy will be Bullish for Bond Yields

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RBI will keep the Repo Rate status quo in its bi monthly policy review on the 6th and 7th of June. The MPC (Monetary Policy Committee), which had sounded caution on inflation in the April meet, will remove the “Upside Risks to its CPI Inflation forecast of 4.5% to 5%”, which will be taken positively by the bond markets.

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Arjun Parthasarathy
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