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RBI to hold policy rates unchanged in August MPC meeting despite 25 per cent US tariff announcement, might change stance: Economists
Updated On: 31 July, 2025 12:40 PM IST | Mumbai | ANI
Economists also pointed out that the US tariffs pose a potential downside risk to India's economic growth. Assuming a 10 per cent fall in the value of Indian exports to the US, the GDP could see an impact of around 0.2 per cent
"RBI will maintain the rate at 5.5 per cent most likely," says Chief Economist at Piramal Group. Representational Pic
Amid the new 25 per cent tariff by the US, economists believe the Reserve Bank of India (RBI) is likely to keep the key interest rate unchanged at 5.5 per cent in its upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7.
In exclusive conversations with ANI, several top economists shared their expectations and forecasts ahead of the policy decision due on August 7.
Dipanwita Mazumdar, Economist at Bank of Baroda, told ANI that the RBI is expected to adopt a "wait and watch" approach in the upcoming meeting.
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