June 19, 2026 02:28 PM GMT India Economics | Asia Pacific M Update MPC Minutes: Rate Action Hinges on Inflation Key Takeaways Our view: Alongside the policy rate decision the RBI and government undertook a series of measures to bolster capital flows and concomitantly provide a support to the currency. Further, since the June policy a reported resolution of the Iran conflict has meant that oil prices have declined to US$77/bbl (from around US$100/bbl), which reduces uncertainty and aids an improvement in mac ...