The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in its Monetary Policy Committee (MPC) meeting this month, as consumer price inflation is expected to remain above 5 per cent for the next two quarters and Q1 FY27 domestic product growth may exceed about 7 per cent, a report said on Saturdayx.

The report from SBI Research said that USD 35 billion of capital inflows through July have recouped foreign exchange buffers by USD 12.5 billion by July 24 and vacated the outstanding forward position by USD 13 billion in the short end (up to 3 months) till June end.