Third back-to-back repo rate hike on the cards?

Investors have increased bets that the RBI will need to raise interest rates further as heavy central bank intervention has not meaningfully slowed the weakening trend of rupee. Rupee has been punished for the country’s widening trade gap and swept into the broader emerging market turmoil.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2xzc81G

Newer Post Older Post