CNBC
US · 1 hrs ago
✦ 78◉ Centre
India's cenbank keeps rates steady at 5.25% — flags Middle East worries, currency pressures
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
India's central bank maintained its benchmark interest rate at 5.25% while expressing concerns about Middle East geopolitical risks and currency depreciation pressures amid rising global oil prices.
India's cenbank keeps rates steady at 5.25% — flags Middle East worries, currency pressures
India's central bank tries to find a balance between maintaining growth and keeping inflation low, as rising global fuel prices and weak investor sentiment sink the rupee.
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