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RBI not in favour of rate hikes to defend rupee, prioritises inflation: Sources

India's central bank, the Reserve Bank of India, is not favoring interest rate hikes to protect the rupee. Instead, it is exploring other measures. Inflation, not the currency, will guide borrowing cost decisions. Policymakers are considering options like dol…

By Reuters· The Times of India· 6 days ago· 2 min read
RBI not in favour of rate hikes to defend rupee, prioritises inflation: Sources