Indian central bank holds rates steady as expected amid accelerating inflation
The Reserve Bank of India held
rates steady on Thursday in a bid to combat inflation that has
accelerated to its highest levels in more than five years, but
the central bank retained its accommodative monetary policy
stance as growth remains lacklustre.
rates steady on Thursday in a bid to combat inflation that has
accelerated to its highest levels in more than five years, but
the central bank retained its accommodative monetary policy
stance as growth remains lacklustre.
Posted by Reuters
