KM Financial Solutions | UPDATE 1-India keeps policy rate unchanged in surprise move, rupee tumbles
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UPDATE 1-India keeps policy rate unchanged in surprise move, rupee tumbles

UPDATE 1-India keeps policy rate unchanged in surprise move, rupee tumbles

The Reserve Bank of India held
interest rates unchanged at a policy meeting on Friday, sending
the rupee tumbling to a record low and stunning analysts who had
expected a rate increase to combat inflationary pressures
arising from high oil prices.

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