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India cenbank raises key policy rate by 50 basis points

Summary by Ground News
India's consumer-price index in August increased 7.0% from a year earlier. Five of the seven economists surveyed by The Wall Street Journal had expected the central bank to raise the repo rate by half a percentage point. The rupee has been renewing record lows against the dollar in recent sessions.
2 months ago·New Delhi, India

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India cenbank raises key policy rate by 50 basis points

The Reserve Bank of India's benchmark repo rate was raised by 50 basis points on Friday, the fourth straight increase in the current cycle, as policymakers extended their battle to tame stubbornly above-target retail inflation rate.

2 months ago·United Kingdom
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RBI Hikes Key Lending Rate By 50 Basis Points To 5.90%

The Reserve Bank of India hiked its key lending rate by 50 basis points to 5.90 per cent.

2 months ago·New Delhi, India
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India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation. The

2 months ago·United States
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India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation

2 months ago·United States
Read Full Article
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40% of the sources are Center, 40% of the sources lean Right
NDTV
Associated Press News
abc News
Hindustan Times
Indian Express
Scroll India
+1
Reuters
KRDO
KVIA
WION
Winnipeg Free Press
News 4 JAX
+7
Times of India
News18 India
Independent.ie
Financial Post
Bangkok Post
Business Standard
+6
OAN
L 17%
C 43%
R 40%
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