India’s central bank hikes rates for the first time since 2023 as inflation creeps up
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
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By Kimberley KaoIndia's central bank raised interest rates for the first time in more than three years as the Middle East conflict keeps energy prices high, hurting the rupee and fueling inflation fears.The Reserve Bank of India's monetary policy committee voted unanimously to raise its benchmark r…
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.