Wednesday, February 8, 2017

RBI Policy Updates.

RBI Policy Updates:

Reverse repo unchanged at 5.75%.
Repo rate unchanged at 6.25%.
MSF, banck rate unchanged at 6.75%.
FX reserves at $ 363.1 bn as on February 3.
FY17 GVA seen 6.9% with risks evenly balanced.
GY18 GVA seen 7.4% with risks evenly balanced.
CPI likely at below 5% in Jan-Mar.
MPC committed to bring CPI near 4% on durable basis.
Inflation seen 4.0-4.5% Apr-Sep & 4.5-5.0% in Oct-Mar.
Japan Dec Trade surplus highest since 2007, at ¥806.8 Bn. Dec Current account surplus ¥1.11 Tn.

Sixth bi-monthly policy statement by Monetary Policy Committee on February 8.

Industrial Production (IIP) data for the month of December scheduled on February 10.

Arun Jaitley to address RBI, Sebi boards on February 11.                       

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