india\s new central bank chief orders surprise rate hike
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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India's new central bank chief orders surprise rate hike

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Arab Today, arab today India's new central bank chief orders surprise rate hike

Arab Today

 India's new central bank governor raised interest rates by 25 basis points on Friday in a surprise move during his first monetary policy review in a bid to reduce inflation. Reserve Bank of India (RBI) chief Raghuram Rajan ordered a rise in the benchmark interest rate from 7.25 to 7.50 percent at its mid-quarter policy review in India's financial centre Mumbai.

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india\s new central bank chief orders surprise rate hike india\s new central bank chief orders surprise rate hike

 



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