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via fxstreet.comEconomy

Indian Rupee: Hawkish RBI stance supports INR – DBS

FROM THE WIRE · FXSTREET.COM

DBS Group Research economist Radhika Rao notes that the Reserve Bank of India’s (RBI) October minutes signal a hawkish pivot, with a 25bp repo hike and a shift to calibrated tightening.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA central bank repo rate hike and a shift to calibrated tightening move the currency.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The RBI October minutes signal a hawkish pivot.
  2. 02A 25bp repo hike is signaled.
  3. 03The central bank shifts to calibrated tightening.

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