RBI Monetary Policy Highlights: Policy repo rate unchanged at 6.5%
Going ahead, food price uncertainties would continue to weigh on the inflation outlook. An expected record rabi wheat production in 2023-24, however, will help contain cereal prices, the RBI said while announcing the Monetary Policy’s decision on maintaining the CPI inflation rate. Early indications of a normal monsoon also augur well for the kharif season….
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