Fixed Income And Currency Market

24 Oct 2022

Repo rate most likely at 7% in the next 6 months

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The sharp rise in 1 year OIS yield and 364 day T-bill yield to 7% levels suggest that RBI will hike the repo rate to 7% in the next 6 months to control inflation and prevent further INR depreciation and also maintain market stability in the face of a global bond crisis.

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Arjun Parthasarathy
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