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View Full Version : India Cuts Reserve Ratio to Support Growth While Holding Rates - Bloomberg



NewsWhore
09-17-2012, 02:31 AM
India Cuts Reserve Ratio to Support Growth While Holding Rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGsoymrNcHCEYyehIIrYKlc_WQdyA&url=http://www.bloomberg.com/news/2012-09-17/india-cuts-reserve-ratio-to-support-growth-while-holding-rates.html)
Bloomberg
Three of 39 economists in a Bloomberg News survey predicted the outcome, with the rest forecasting no change. Inflation has quickened beyond 7.5 percent, ... The currency is down about 13 percent in the past year. Subbarao lowered the repurchase rate ...

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