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RBI leaves repo rate, CRR unchanged

Asian News International
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July 29, 2013 AT 8:00 PM
As expected, the RBI left interest rates unchanged on Tuesday as it supports a battered rupee. RBI left its policy repo rate at 7.25 percent but took a dovish tone as it cut its growth forecast for Asia's third-largest economy to 5.5 percent for the fiscal year, from 5.7 percent previously.