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RBI hikes inflation target to 6.5%
October 27, 2009 11:59 IST
T
he Reserve Bank of India has raised inflation projection to 6.5 per cent with an upside bias by this fiscal end from 5 per cent projected earlier.
The RBI kept other
key rates
and ratios like repo, reverse repo and cash reserve ratio unchanged.
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The Reserve Bank of India has raised inflation projection to 6.5 per cent with an upside bias by this fiscal end from 5 per cent projected earlier.