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RBI breaks 4-year rate-hike drought
The Economic Times
October 7, 2026
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The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday raised the repo rate by 25 basis points to 5.50%, its first rate hike in nearly four years, as rising oil prices amid US-Iran tensions and a weak monsoon threaten to push inflation higher.The six-member rate panel voted unanimo
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