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Is Another Rate Hike in Offing?

Posted By On 11:06 AM Under
We will base our decision for rate hike with a historical perspective and will consider repo rates prevalent and as we see reverse repo, in 2008, was around 8.5-9 per cent, while it stands at 6.5 per cent today. This is the reason we may see a fresh hike from RBI in the month of March 2011.

To show better performance by Govt, it may show the population that inflation has come down by changing the base year and this will be further helpful if crude do not cross $100 mark per barrel.
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