India Rate Hold: US Tariff Relief Impact

by Archynetys Economy Desk

Reserve Bank of India pauses easing cycle as growth remains robust

The policy pause by the Reserve Bank of India came days after U.S. President Donald Trump said he would cut tariffs on Indian exports down to 18%. © Reuters

SOUMYAJIT SAHA

MUMBAI — The Reserve Bank of India stood pat on its key policy rate on Friday, as the outlook for the world’s fastest-growing major economy brightened after the United States pulled back from its trade tariffs on the country.

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