Rates to stay on hold as Rajan heads for the exit

Governor Raghuram Rajan has had a penchant for shocking financial markets during his three years at the helm of the Reserve Bank of India (RBI), but we doubt that there are any surprises in store when he delivers his final policy announcement on 9th August. Beyond next week, prospects for monetary policy depend in large part on who is chosen to succeed Mr Rajan.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.