MUFG: RBI Expected to Keep Tightening Risks Alive at October 7 Meeting

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MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee say the Reserve Bank of India's finely balanced decision on 7 October will drive Asia FX, with the central bank expected to keep tightening risks alive. The MUFG team frames the RBI's upcoming policy call as the key catalyst for regional currency markets. The analysts did not specify the size or direction of any expected rate move, only that the decision is finely balanced. The 7 October meeting is the focal point for their Asia FX outlook.

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