STA­TUS QUO

The Political and Business Daily - - FRONT PAGE -

Key rate (repo rate) kept un­changed at 7.25 pc Cash re­serve ra­tio too un­changed at 4 per cent GDP fore­cast for FY’14 cut to 5.5 pc from 5.7 per cent Says Ru­pee de­pre­ci­a­tion a threat to in­fla­tion Tight liq­uid­ity mea­sures to be rolled back once Re sta­bilises

To use all in­stru­ments to keep March-end

in­fla­tion at 5 per cent Big­gest threat to macroe­co­nomic sta­bil­ity from ex­ter­nal sec­tor Im­me­di­ate struc­tural steps needed to con­tain CAD Growth, in­fla­tion to de­ter­mine fu­ture pol­icy ac­tions This is Sub­barao's last pol­icy be­fore ex­piry of his five-year term

m Next mid-quar­ter re­view of pol­icy on Septem­ber 18

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