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Commerzbank analyst Charlie Lay said India's central bank raised its repo rate by 25 basis points to 5.50%, shifting to an 'orderly tightening' stance and ruling out near-term rate cuts, while raising its FY2026/27 CPI forecast from 5.0% to 5.2%.
Jin1010/08, 02:01 PM
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The Reserve Bank of India raised its repo rate by 25 basis points to 5.50%.