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Reserve Bank of India keeps base rate unchanged as inflation risks remain high
The Reserve Bank of India kept the base rate unchanged at its ninth consecutive policy meeting on Thursday as inflation remained above target. Four of the six members of the Reserve Bank of India's monetary policy committee voted to keep the benchmark repo rate unchanged at 6.5%, after all but one of the 43 economists surveyed predicted a hold-up. The Reserve Bank of India's monetary policy committee also decided to retain a relatively hawkish policy...
2024-08-08 05:03:18
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