India’s cenbank keeps rates steady at 5.25% — flags Middle East worries, currency pressures
India's central bank on Friday held interest rates at 5.25% at a time when surging global energy costs have hammered its currency, while the Iran war risks accelerating inflation. The Reserve Bank of India was widely expected to keep rates steady, as per economists polled by both Reuters and CNBC. But a minority told CNBC that the central bank could…
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