India’s Central Bank Surprises With a Rate Cut

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Nine out of the 10 economists polled by The Wall Street Journal had expected the Reserve Bank of India to leave the repurchase rate unchanged

 

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India gets free software revenue $90 billion from USA every year. In return it is not buying anything from USA. Trump should ask for reciprocal business.

Cheap flow of money for borrowers

Surprised Which economists? Not these

It dint surprise anyone in India. Everyone was asking for it. I dont know how it surprised you

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