‘Why We Were Expecting A Rate Hike’
A customer counts Indian rupee notes at a store in the Dadar wholesale flower market in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

‘Why We Were Expecting A Rate Hike’

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On February 7, the Monetary Policy Committee of the Reserve Bank of India decided to maintain a status quo and leave its repo rate at 6 percent and the reverse repo at 5.75 percent. This was in lin...
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