No change in stance, more light on forex depletion
The RBI has increased the repo rate by 50 bps, which was expected given that in the prelude to this announcement, the governor spoke of the third shock that we are witnessing i.e. central banks across the world raising rates to tackle inflation
The RBI has increased the repo rate by 50 bps, which was expected given that in the prelude to this announcement, the governor spoke of the third shock that we are witnessing i.e. central banks across the world raising rates to tackle inflation