Total Pageviews

Sunday 19 July 2015

Will RBI cut rates next month?

The Reserve Bank of India sets the repo rate on a periodic basis. Repo rate is the rate of interest at which other banks can borrow from the RBI. It signals RBI's view on the liquidity situation in India and this is an important metric for financial as well as B&M market participants. The next meeting is on Aug 24 I hear and I wondered if I could predict if the a cut (or otherwise could be predicted).

Note, I am doing this to hone my astrological skills (the little that I have), and do this with only an academic interest. Would recommend everyone to use their own judgement and not follow an amateur astrologer for your financial issues.

I cast at chart at Pune, July 20, 2015 at 11:1:27 AM with the seed 128.

The relevant DBA on Aug 24, 2015 would be VE-JU-SA

Venus signifies 1 8 11, 3 6 10, 2 7 9 12
Jupiter signifies 3 6 10, 3 6 10, 1 8 11
Saturn signifies 2 4 5, 2 4 5, 2 4 5

I would expect 3 11, 2 6 10 11, 3 6 10 11 to give me a positive answer for rate cut (since I too am looking for one). 6 8 12 or 3 6 8 or 3 6 12 or 3 6 8 12 for a negative answer.

Venus clearly denies a rate cut due to a clear 3 6 8 12. Jupiter has both possibilities. Since Venus out-ranks Jupiter I am going to risk it and say rate cut will not happen. Saturn is neutral.

Another thing is that in Mundane astrology, the 8th house is for interest. The 8th house sub lord is Saturn, posited in its own star. As Saturn is retrograde, the usual response for the prashna (question) is negative as per rules of Krishnamurti paddhati.

I even tried Nimje's option theory. The 4 options were, RBI cuts rate by 1) 0% 2) 0.25% 3) 0.50% 4) 0.75%

RPs: Me, Ve, Su, Mo. The total comes to: +4+5+2+7+3+6 = 27 = 2 + 7 = 9

Since options are less than 9, I will deduct the options till I get a number lesser than the no.  of options: +9-4=5-4=1

The first option is the correct one. The rate will be cut by ZERO %.

Lets wait and see what happens next month.

1 comment:

  1. Another correct prediction by Bhairavis grace. Rbi has left the rate unchanged.

    ReplyDelete