1. Key rates including repo & reverse repo kept unchanged at 6.5% and 6.25%
2. Inflation projection for remaining FY 19 was lowered to 2.7% – 3.2% from 2.9% – 4.5%.
3. GDP projection was left unchanged at 7.4% for FY 19.
4. Apart from above, Monetary policy committee (MPC) noted that global activity has slow down due to rise in trade tension.
5. On financing side, MPC believe that FDI flows may increase with improving external sectors.
Overall the MPC policy was in line with the market expectations hence no major reaction in Rupee was seen and continued to trade around 70.50 levels through out the day.