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Central Bank Rate Hikes in India and Canada
The Reserve Bank of India‘s repo rate was increased 35 basis points to 6.25%. That was the fifth hike this year from a starting level of 4.0% that had prevailed since May 2020. Indian CPI inflation, although down to 6.8% in October from 7.4% in September, remains well above target. The 6.25% new interest rate […]...
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Posted: Dec 7 2022, 18:18
Author Name: feedburner
Views: 110723