Varathan Sees RBI Repurchase Rate at 8% by Year End
June 14 (Bloomberg) — Vishnu Varathan, an economist at Capital Economics (Asia) Pte. in Singapore, talks about India’s economy and central bank monetary policy. The Reserve Bank of India will increase the repurchase rate by 25 basis points to 7.50 percent on June 16, according to 15 of 17 economists surveyed by Bloomberg. Varathan speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)