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Inflation seen peaking in Oct-Nov: FinMin
Published on Mon, Jun 23, 2008 at 16:58 , Updated at Mon, Jun 23, 2008 at 17:33
Source : CNBC-TV18
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It expects monetary tightening soon to tame inflation. According to the MoF, RBI could hike both repo rate and CRR. It also stated that only higher rates can curb inflation expectations. Meanwhile, Commerce Minister Kamal Nath said the government has no intention to calibrate the rupee. |
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