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.01 percent. Used to measure changes in yields of bonds.
Fixed Income, Bonds
We still maintain our forecast of a 25 basis points repo rate cut by RBI in July, said Credit Suisse. Good monsoon will help in decline in food inflation, which is a more important driver than
If the RBI were to in any form indicate that they were extremely unhappy with the rupee movement to 59/USD or indicate their discomfort that will be seen as a positive, which means they will defend the rupee every time it tends to go to that level.
ratio (CRR). Only 30 percent respondents expect a 25 basis points rate cut in the upcoming policy.
Most experts believe that given the risk of further depreciation in rupee the central bank would avoid cutting repo rate in June, but may provide a cash reserve ratio cut of 25 basis points
The US jobs data was better and the US bond yields too softened by about 5 basis points. There is a possibility that the Fed will talk in dovish tones in the upcoming Fed meeting and some