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Reserve Bank of India leaves rates unchanged

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 1, 2015.

  1. ForexLive

    ForexLive Forum Member

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    RBI out a short while ago with the expected decision - repi rate 6.75% - cash reserve ratio 4.0% - reverse repo rate 5.75% RBI statement: - will use space for further accommodation when available while keeping focus on lowering inflation to 5% by March 2017 Rising inflation? There's a queue of central banks with noses pressed against the glass in envy

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