As commentators have been quick to point out – if only to justify having been caught unawares – the “surprise” element in the 25 bps rise in both the repo and the reverse repo rates announced by the Reserve Bank of India (RBI) on 19 March was the timing. RBI Deputy Governor Subir Gokarn had repeatedly said that there would be no interest rate increases before the next scheduled quarterly review meeting on monetary policy on 20 April. An 18 March statement by RBI Deputy Governor K.C....
Sorry, you do not have access to this page because you are not logged in.
If you are not a subscriber or a trialist and you want to discuss how to access our work please:
Trusted Sources helps clients identify investment opportunities in emerging markets, exploit them with greater confidence and stay alert to associated risks.
Learn more about our approach, our team and our research, as well as our media appearances.
