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Thursday, October 5, 2023

RBI likely to hold rates as inflation persists

India's central bank, the Reserve Bank of India (RBI), is expected to keep its key interest rate unchanged at 6.5% for the fourth consecutive time, according to a Bloomberg survey. Inflation remains above the RBI's target range of 4%, and the RBI is likely to maintain a hawkish policy stance. The RBI may focus on liquidity management to control inflation pressures, and bond traders will be watching for any signals regarding liquidity.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lFsiHx8

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