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Jun 07, 2018
9:06AM

Economic Affairs Secretary Subhash Chandra Garg welcomes monetary policy statement of RBI

Economic Affairs Secretary Subhash Chandra Garg has welcomed monetary policy statement of RBI. In a tweet, Mr Garg said, the statement reflects quite balanced assessment of growth, inflation and external situation and expectations.

He said, the rate hike is understandable considering existing interest differentials and oil price movement. Mr Garg expressed hope that this will help in removing uncertainties and steadying markets.

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