September 11, 2026
  • September 11, 2026

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Inflation above its target, but RBI unlikely to change rates

by on October 2, 2023 0 In Most Recent Stories

The Reserve Bank of India’s rate-setting committee is expected to maintain interest rates at their current level, despite inflation being above the target range, rising crude oil prices, and a weakening rupee. The committee has kept rates unchanged since February 2023. Economists predict that inflation will decrease in the coming months, but caution that...

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