Heurist Finance

RBI set to raise rates for first time in nearly four years

Bloomberg · yesterday
  • RBI is poised to raise interest rates for the first time in nearly four years on Wednesday.
  • The policy shift is driven by rising inflation and a rupee near record lows.

Quotes

“raise interest rates for the first time in nearly four years on Wednesday as rising inflation and a rupee near record lows force policymakers to shift gears”— Bloomberg

Sources