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India Softens Pace Of Monetary Policy Tightening Amid Slowing Inflation

Por: RTTNews Business February 08, 2023

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India's central bank softened its pace of monetary policy tightening after inflation returned to the target band and the continued to remain resilient despite risks emanating from external environment.At the end of its three-day monetary policy meeting, the Monetary Policy Committee of the Reserve Bank of India decided to raise the policy repo rate by 25 bps to 6.50 percent. At the December meeting, the committee had lifted the rate by 35... + full article



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