Highlights of RBI Governor Das' address post MPC meet

BY A STAFF REPORTER

* There are four parts to today's statement

* MPC voted to leave repo rate unchanged at 4.00%

* Will announce some additional measures from RBI

* Economy in much better position now than during Jun meet

* MPC voted to retain accommodative stance by 5 votes to 1

* MSF, Bank Rate unchanged at 4.25%

* Reverse repo rate also left unchanged at 3.35%

* Can't drop guard, must remain vigilant against third wave

* CPI inflation surprised on upside in May

* Econ activity evolved broadly along expected lines

* Jun CPI inflation saw moderation in price momentum

* Outlook for aggregate demand improving

* Some high frequency indicators gaining momentum Jun-Jul

Source : Eureka

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