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India’s Sets Fourth Interest Cut at 6.75%

Discussion in 'Market News' started by Daily.Forex, Oct 7, 2015.

  1. Daily.Forex

    Daily.Forex Forum Member

    Sep 2, 2015
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    In its fourth cut since the beginning of the year, India's central bank cut interest rates by a more-than-expected 50 basis points. The Reserve Bank of India reduced its key repo rate to 6.75%, more than market expectations of 7%.

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