India Expected to Raise Benchmark Repurchase Rate for First Time in Nearly Four Years

According to a Bloomberg survey of 40 economists, 34 anticipate that India's six-member Monetary Policy Committee will increase the benchmark repurchase rate by 0.25 percentage points to 5.50%. This potential rate hike would mark the first in almost four years, signaling a shift in India's monetary policy stance.

Originally published by gnews