Indian central bank, Reserve Bank of India (RBI) Tuesday announced interest rate hike by 25 basis points to tame persistent inflation. Indian repo rate, at which banks borrow money from RBI, and reverse repo rate at which banks park money at RBI will be increased to 8.5 percent and 7.5 percent, respectively, following the 13th hike of interest rates since March 2010.
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World Bank Regional Vice President First Visit to West Bank and GazaMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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