Monday, October 28, 2013

Reuters: Money News: Expert Views: RBI raises repo rate, cuts MSF rate

Reuters: Money News
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Expert Views: RBI raises repo rate, cuts MSF rate
Oct 29th 2013, 05:46

NEW DELHI (Reuters) - The Reserve Bank of India (RBI) raised its policy interest rate for the second time in as many months on Tuesday, warning that inflation is likely to remain elevated for the rest of the fiscal year, and rolled back an emergency measure put in place to support the slumping rupee.


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