Loading page content
Data from Emerging Markets composite. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia RBI Repo Rate held to 3.35 Percent in May 2026
Emerging Markets compositeMonthlyReleased June 2026
India RBI Repo Rate held to 3.35 Percent in May 2026, released June 2026.
Latest Release
3.350000
Actual
—
Consensus
3.350000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/INR | ▼ Inverse | −0.50 | FOREX | Bullish INR | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
RBI Repo Rate (India) was reported at 3.35 Percent in May 2026. The reading was unchanged from the previous release. This is classified as a critical-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 4.62 Percent, down from the prior three at 5.50 Percent. In June readings over the past 3 years, RBI Repo Rate has averaged 5.12 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/INR (Bullish INR). A secondary relationship exists with XAU/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include MPC Meeting Minutes (Jun 19) and Monetary Policy Meeting Minutes (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
RBI Repo Rate - IN
Loading chart data...
About RBI Repo Rate — India
DEFINITION
India's RBI Repo Rate held steady at 3.350000 percent in June 2026, unchanged from April 2025's 3.350000 percent. The rate remains well below the 5.25-6.5 percent levels seen in late 2024 and early 2025, indicating a prolonged accommodative stance. Market participants will watch upcoming inflation data for signals on future monetary policy adjustments. Updated 6/6/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Releases in this category are tier-1 market events that frequently produce same-session cross-asset repricing. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 3.35 Percent. Prior reading (Feb 2026): 5.25 Percent. Before that (Dec 2025): 5.25 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/INR (Bullish INR, r=-0.50) — a useful reference for forex-focused traders.