Repo rate hike not on the cards, for now, says Ram Singh, external member of MPC
- Posted on April 23, 2026
- By Business News Today
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- 1 min read
Repo rate hike not on the cards, for now, says Ram Singh, external member of MPC
Monetary Policy Committee member Ram Singh outlines the conditions for second-round inflation effects. He expects the West Asia conflict to resolve soon, moderating price rises. Forex reserves are considered adequate despite potential import cost increases. Open market operations will continue to ensure system liquidity. Domestic growth fundamentals remain robust despite potential supply shocks.