RBI keeps key policy rates unchanged

Mumbai: The Reserve Bank of India (RBI) today kept key policy rates, including cash reserve ratio and repo rate unchanged, saying the weakness in rupee has put upside risk on inflation.

In the mid-quarter review of the monetary policy for 2013-14, the central bank kept repo rate unchanged at 7.25 percent. The reverse repo rate is adjusted to 6.25 percent.

The cash reserve ratio (CRR) is kept unchanged at 4 percent.

– IANS

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