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RBI Holds Repo Rate Amid US-Iran Conflict and El Niño Concerns
WorldTimes of India21d ago

RBI Holds Repo Rate Amid US-Iran Conflict and El Niño Concerns

The Reserve Bank of India (RBI) decided not to hike the repo rate despite economic headwinds. RBI Governor Sanjay Malhotra acknowledged that the US-Iran conflict and El Niño continue to weigh on the global economy by disrupting trade routes and increasing market volatility.