Market Currents
The RBI raises its benchmark rate 50 basis points to 8%, the 11th hike this cycle, and greater...
-
Tuesday, July 26, 2011, 7:11 AM ETThe RBI raises its benchmark rate 50 basis points to 8%, the 11th hike this cycle, and greater than the forecast 25 point jump. The bank also lifts its forecast inflation rate for March 2012 100 bps to 7%. Indian shares defy a world-wide stock rally, -1.9%.
Other date
Latest Global Articles
