Raghuram Rajan Hits Pause, Repo Rate Stays At 6.5% | Read

PUBLISHED ON: June 7, 2016 | Duration: 16 min, 22 sec

   
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Reserve Bank Governor Raghuram Rajan on Tuesday kept the benchmark repo rate unchanged at a five-year low of 6.5 per cent. The decision was widely expected as retail inflation, which the RBI tracks to set interest rates, rose to 5.39 per cent in April from 4.83 per cent in March.
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