India keeps benchmark interest rate unchanged on high inflation

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Source: Bloomberg
The board of the Reserve Bank of India decided to keep its key interest rate unchanged as the record high inflation rate across emerging nations reduces the room for the central bank to support slowing economy. The central bank maintained the interest rate at 8.0% instead of predicted cut by 0.25 percentage point. 
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Mon, 18 Jun 2012 09:48:55 GMT

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Mon, 18 Jun 2012 07:37:56 GMT

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