RBI prioritizes inflation over rate hikes to defend the rupee, despite market expectations and recent currency depreciation.
India's central bank does not see interest rate hikes as the best way to defend the embattled
rupee, three sources said, a position at odds with markets,
reinforcing that inflation - not the currency - will guide
policy on borrowing costs.The Reserve Bank of India has other levers it has yet to
deploy, according to the sources familiar with the RBI's
Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee
RBI considers rate hike as rupee slumps: reports
Reserve Bank of India considers rate hikes and currency swaps to stabilize sliding rupee
RBI considers interest rate hike to stabilize rupee
Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%
RBI considers rate hike as rupee hits new low
RBI steps in with heavy dollar sales to defend rupee as currency rebounds from record lows: Report
‘100 is just a number...let rupee depreciate or reserves will bleed out’: 16th Finance Commission chief Arvind Panagariya’s advice to RBI
If oil stays above $100/ barrel and RBI stops managing volatility, Re would be 102 against dollar: Naveen Mathur
Rupee under pressure; crude oil, bond yields and dollar strength create perfect storm: Naveen Mathur
