Finance, Forex and Investments

RBI_120.jpg

RBI_120.jpg

Summary: but decided to leave the reverse repo rate unchanged. Experts comment on the central bank's intention behind the move. Commenting on the rationale behind the move, Janak Desai, Country H ead, Financial Markets, ING Vysya says, The repo rate hike is what was expected in terms of widening the band. The RBI is saying that the liquidity will continue to be tight; so, cost of

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