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ceiling
(redirected from Rate Ceilings)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
ceiling noun acme, altitude, apex, apogee, climax, extreme, extremity, farthest point, height, highest degree, highest point, limit, maximum, optimum, peak, pinnacle, record, roof, summit, tectum, top, ultimate, utmost, uttost extent, utmost height, uttermost, vertex, zenith
Associated concepts: maximum income ceiling, maximum rent ceiling


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This may be attributed to a number of factors, such as depreciation of rupee resulting in the rise in inflows through rupee denominated non- resident Indian ( NRI) accounts to take advantage of the depreciation, hike in interest rate ceilings on NRI deposits since September, 2008 and uncertainties in oilprices, which might have induced the workers to remit their money to India as a hedging mechanism due to its relatively better growth prospects," the report said.
The authority, which in 2009 implemented rate ceilings in the run up to and during certain major events, says accommodation inventory shifts in the market, equating to a better room supply-and-demand balance has led to a more competitive rate environment which in turn will act to keep rates reasonable.
The authority, which this year implemented rate ceilings in the run up to and during certain major events, says accommodation inventory shifts in the market, equating to a better room supply and demand balance has led to a more competitive rate environment.
 
 
 
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