A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according…

India considers measures to support the rupee, allowing the RBI to maintain current interest rates amid inflation concerns.

Reserve Bank of India has held repo rate at 5.25% for half the year

By Kimberley Kao and Fabiana Negrin Ochoa

Experts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy rate unchanged. The central bank also…