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RBI may take further anti-inflationary measures

PUBLISHED ON: July 1, 2008 | Duration: 0 min, 53 sec

  
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Halfway through the calendar year, the economy seems to have lost its sunny outlook with dark clouds now hanging over the horizon. Against that backdrop, as the RBI starts looking ahead to its quarterly policy review at the end of the month, the RBI Governor YV Reddy and his team are leaving the door open for yet another rate hike to control runaway prices.
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