Economists expect a 'pause' in RBI's Dec 5 policy review: BS poll

Almost nobody expects the six-member Monetary Policy Committee of the Reserve Bank of India (RBI) to tinker with the policy rate on December 5, given the low oil prices and the rupee finding some support because of that.

The same sentiment is reflected in the Business Standard poll of 12 economists and market experts, who said the central bank would exercise ‘pause’ in the upcoming bi-monthly policy review as well as during the rest of the financial year. 

The policy repo rate is unlikely to change in the next six months from the current 6.50 per cent, the participants said.