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Expert Views: RBI keeps key policy rates unchanged in surprise move

Updated : October 05, 2018 03:53 PM IST

The monetary policy committee kept the repo rate unchanged at 6.50 percent on Friday, in sharp contrast to expectations of a hike by 35 of 64 analysts in a Reuters poll last week.
The panel shifted its policy stance to "calibrated tightening" from "neutral". Five of the six panel members voted to leave the rate unchanged.
Expert Views: RBI keeps key policy rates unchanged in surprise move

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