Tuesday, May 27, 2014

New Delhi, India, ABIM (28/1) - India

Inflation opponent Central Bank of India Raises Interest Rates | Asian Business Info
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New Delhi, India, ABIM (28/1) - India's central bank raised interest rates to forecast inflation and after the rupee against experienced the steepest decline in recent city weeks. Governor Raghuram Rajan raise its benchmark interest rate to 8 percent from 7.75 percent, according to the central bank on Tuesday (28/1). Though only one of three of 45 analysts who predicted it. The central bank last week pushed the target of 4 percent for inflation in 2016, indicating that the rate pengendailian need to be able to control inflation. (ABIM / Anwaruddin Saleh)
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