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RBI not in favour of rate hikes to defend rupee, prioritises inflation, sources say

The stance puts policymakers at odds with market bets for tightening, even as ‌the ⁠rupee slides to record lows on an energy-price shock linked to the Iran conflict

By Reuters· BusinessLine· 7 days ago· 2 min read
RBI not in favour of rate hikes to defend rupee, prioritises inflation, sources say