Tuesday, Jul 25, 2006

India Hikes Interest Rates

BBC News: India hikes interest rates again

India has increased its short-term interest rate for the third time in four months in a bid to curb inflation. The country's central bank raised the rate by 0.25% to 6%, amid fears that strong global oil prices threatened financial stability.

Posted by jason @ 09:33 AM (576 views)
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