Reserve bank India kept rates against inflation acceleration

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Mumbai (information agency "Reuters") - Reserve bank India on Thursday kept level of interest rates against acceleration of growth of retail consumer prices and reported about intention to hold inflation near a reference point. The regulator kept a rate of a repo at the level of 4,0%, and a rate of the return of a repo - on a mark of 3,35%. Two thirds of analysts, respondents information agency "Reuters", predicted decrease in a rate of a repo on 25 basic points, the others did not expect changes. Reserve bank India already lowered a repo rate in total on 115 basic points since February and on 135 basic points last year. (Bkhat Svati. Sadykov Vladimir translated. Editor...

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Bkhat Svati
Bobrova Marina
Sadykov Vladimir
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Reserve bank India
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