RBI more likely to cut repurchase rate by 0.25%

Note: This section contains information in English only.
Source: Bloomberg
The Reserve Bank of India's Governor Suvvuri Subbarao is expected to lower the repurchase rate for the third time in 2013 from 7.5% to 7.25% on a meeting taking place in the beginning of May, according to a survey reported by Bloomberg news. The India's government 10-year yields fell from 7.90% to 7.73% since the last rate cut on March 19.

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