Arab Today, arab today indian central bank raises key interest rate
Last Updated : GMT 15:59:42
Arab Today, arab today
Arab Today, arab today

Indian Central Bank raises key interest rate

Arab Today, arab today

Arab Today, arab today Indian Central Bank raises key interest rate

Mumbai - XINHUA

India's central bank raised its policy interest rate on Tuesday in a move which surprised observers. The Reserve Bank of India raised its key repo rate by 25 basis points to 8.00 percent. The move is widely seen as a bid to curb inflation which stands at about 10 percent.

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