The Reserve Bank of India is expected to raise interest rate by 5 basis points according to Bloomberg.
The move by the Reserve Bank of India is an effort to help cool the India economy which is currently experiencing inflation of 6.5 percent just off its 13 month high of 6.68 percent.
India Economy india economy india inflation reserve bank of india
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment