Indian Rupee Falls To Near 6-month Low Against Dollar After RBI Decision
2021年10月8日 - 11:21AM
RTTF2
The Indian rupee weakened against the U.S. dollar in morning
deals on Friday, after India's central bank left its key interest
rate unchanged and retained its growth projection for the financial
year ending March 2022.
The Monetary Policy Committee, led by Governor Shaktikanta Das,
kept the policy repo rate steady at 4.0 percent, the Reserve Bank
of India said in a statement. The decision was in line with
expectations.
The reverse repo rate was left unchanged at 3.35 percent and the
marginal standing facility rate and the Bank Rate at 4.25
percent.
"The MPC also decided to continue with the accommodative stance
as long as necessary to revive and sustain growth on a durable
basis and continue to mitigate the impact of COVID-19 on the
economy, while ensuring that inflation remains within the target
going forward," the RBI said.
The central bank retained the projection for real GDP growth for
the financial year 2021-22 at 9.5 percent.
The Indian rupee fell to 75.18 against the greenback, its lowest
level since April 19. The rupee may locate support around the 76
level.
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