Highlights of Reserve Bank of India statement on repo rate hike
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K.Karthik Raja
Jun 12, 2008, 12:27:09 AM6/12/08
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Highlights of Reserve Bank of India statement on repo rate hike
Jun 12
MUMBAI - Below are the highlights of the Reserve Bank of India's
statement
on the hike in repo rate yesterday:
* RBI hikes repo rate to 8.00% from 7.75%.
* RBI says no change in reverse repo rate.
* RBI says repo rate hike to contain inflation expectations.
* RBI says essential to take appropriate action on urgent basis.
K.Karthik Raja
Jun 12
MUMBAI - Below are the highlights of the Reserve Bank of India's
statement
on the hike in repo rate yesterday:
* RBI hikes repo rate to 8.00% from 7.75%.
* RBI says no change in reverse repo rate.
* RBI says repo rate hike to contain inflation expectations.
* RBI says essential to take appropriate action on urgent basis.
K.Karthik Raja
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