Economy · India

RBI Monetary Policy Committee meeting begins; focus on repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day meeting on August [Date Missing]. The committee is expected to decide on the repo rate, with analysts anticipating it will remain unchanged due to inflation risks. This meeting occurs as the Indian rupee has reached a one-month high against the dollar, despite global rate hikes. Other economic indicators, including Purchasing Managers' Index (PMI) data and foreign exchange reserves, are also under observation.

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