Page 2 - Malayan Banking News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Vietnam May Raise Rate as Dong Falls to Record Low, Maybank Says
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Malaysia set to extend rate pause as ringgit outperforms peers
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The Reserve Bank of India is expected to delay cutting interest rates until the final quarter of the year, according to a Bloomberg survey. The RBI may reduce its benchmark repurchase rate by 50 basis points in the October-December period before pausing, due to rising inflation risks and the US Federal Reserve keeping rates steady. Governor Shaktikanta Das has maintained a hold on rates, waiting for inflation to stabilize around the central bank s 4% target. Economists predict that India s growth and inflation dynamics are healthy, but global and geopolitical developments, particularly decisions by the US Fed, could influence the RBI s rate decisions.
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