# India: Why it’s getting tough for the RBI | articles | ING THINK

> The Reserve Bank of India is widely expected to keep its policy rate unchanged at its October 4 meeting after the August 25bp cut to a repo rate of 6%. Inflation rose to 2.4% in July while GDP growth slowed to a three-year low of 5.7% in the April-June quarter. Concerns about a fiscal slippage in FY2018 also complicate the central bank's stance.

- Date: 2017-09-29 · published 2017-09-29T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/69257-india-why-it-s-getting-tough-for-the-rbi-articles-ing-think
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Policy on hold with weak growth and rising inflation leaves the rupee exposed to capital flows, which affects the cost of imports for Indian buyers. Direct effects on grain or oilseed prices are minor.

## Read by commodity

- USDINR: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/india-why-its-getting-tough-for-the-rbi/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.