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No change in Policy Rates : RBI
Tuesday, October 30, 2007 www.rediff.com
(
Business , Finance
)
The Reserve Bank of India is unlikely to change the policy rates the repo and reverse repo rates in its mid-term review of the monetary policy amid persistent inflationary expectations following copious foreign capital inflows.
Headline inflation has dropped significantly below RBI's target of 5 per cent for 2007-08 but this is a result of the government deciding not to pass on the increase in
Tags :
RBI
Policy
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