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Can anyone explain?
by Neutral on Apr 04, 2008 01:20 PM

I am spending more these days due to rising prices of essential commodities.

This price rise cause more inflation.

Govt wants to cut the inflation.

RBI is planning to increase the FRR and thus Home Loan Interest Rates.

Now I will be paying more on my EMI.

So a step taken by govt to reduce price rise is making me pay more EMI...

What is this logic?

Can some one explain?

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