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Inflation is expected to rise from its current level, range between 4.2-4.6 per cent says RBI

Inflation is expected to rise from its current level, range between 4.2-4.6 per cent says RBI

Oct 04, 2017, at 09:02 pm

Mumbai, Oct 4 (IBNS): In its Fourth Bi-monthly Monetary Policy Statement, 2017-18, on Wednesday, the Monetary Policy Committee (MPC) of Reserve Bank of India decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent on the basis of an assessment of the current and evolving macroeconomic situation .