No Need To Raise Repo Rate In This Policy, RBI Can Use Short-Term Rate Tools To Manage Rupee: SBI Report
The report gives 2013 example when RBI raised MSF rate by 200 bps and adjusted the policy corridor to 300 bps above the repo rate of 7.25% to address exchange rate volatility.
The report gives 2013 example when RBI raised MSF rate by 200 bps and adjusted the policy corridor to 300 bps above the repo rate of 7.25% to address exchange rate volatility.
What's Your Reaction?
