The 9.3 per cent fall in the rupee this year has already led to a surge in local prices of goods with an imported component. July was the ninth straight month in which India’s inflation was higher than the Reserve Bank of India’s (RBI) medium-term target of 4 per cent.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Mo1DYL
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