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Inflation to soften in 2 months: Montek

Inflation to soften in 2 months: Montek

Rediff.com22 Mar 2010

The RBI's decision to raise repo and reverse repo (short-term lending and borrowing) rates by 25 basis points each to 5 per cent and 3.5 per cent, respectively, on Friday evening was aimed at anchoring price rise.