Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Reverse Repo Rate held to 3.35% in February 2022
FMPMonthlyReleased February 2022
India Reverse Repo Rate held to 3.35% in February 2022. The reading missed the 3.55% consensus by 0.2%. Reverse Repo Rate is now the lowest in 22 months.
Latest Release
3.35
Actual
3.55
Consensus
3.35
Previous
Median Absolute Error
±0 percentage points
across last 8 releases
Last Call
Feb 2022
Predicted: 3.55
Actual: 3.35
Error: +0.2
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
Reverse Repo Rate (India) was reported at 3.35% in June 2026. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The trailing three releases averaged 3.35%, unchanged from the prior three.
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). Over the last 8 releases, the Sigmacast model's median absolute error is 0%.
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
Reverse Repo Rate - IN
Loading chart data...
About Reverse Repo Rate — India
DEFINITION
The reverse repo rate is a key financial indicator used by central banks to control the money supply and manage inflation. It is the interest rate at which central banks borrow money from commercial banks, with the promise to repay the loan at a future date. A higher reverse repo rate indicates that the central bank is trying to reduce the amount of money in circulation, while a lower rate signals an attempt to stimulate economic growth. This rate is closely monitored by investors and financial institutions as it can have a significant impact on the overall economy and financial markets.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 3.35 %. Prior reading (Apr 2026): 3.35 %. Before that (Feb 2026): 3.35 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar 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 neutral force in the current projection. This indicator correlates most strongly with USD/INR (Bullish INR, r=-0.50) — a useful reference for forex-focused traders.