#USDINR @ 82.4800 : Stability seems to be the focus for RBI – Commerzbank
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Economists at Commerzbank discuss Reserve Bank of India (RBI) policy outlook.
“There is a good mix between economic and price stability. As such, there are few reasons for RBI to adjust policy.”
“We expect RBI to leave rates unchanged at 6.50% at the next meeting on 8 June and possibly for the rest of the year.”
“For USD/INR, stability seems to be the focus for RBI. It has held within a narrow 2% range since the start of the year, between 81-83.”
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