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The Reserve Bank of India raised its benchmark repo rate by 50 basis points, its fourth straight increase, to fight stubbornly high inflation. Analysts expect further tightening.
Higher Indian interest rates tighten credit and can slow domestic demand and currency-supported import buying, a mild bearish factor for Indian feed and oilseed demand.
reuters.comSwati BhatSep 30, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
