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India Gets Easier Monetary Policy Stance

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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Officials at the Reserve Bank of India Cut the central bank’s repo and reverse repo rates by 25 basis points each to 7.75% and 6.75%.  This was the second round of cuts.  The first was made last April and amounted to 50 basis points.  Previously, the repo rate had been raised by 200 basis points [...]

larrygreenberg @ January 29, 2013

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