Anticipation of a rate hike has increased in the past month as oil prices climbed, the rupee’s slide accelerated and concerns on liquidity emerged. Rising US interest rates, capital outflows from emerging markets and India’s weakening balance of payments and current account deficit are also expected to make the central bank act.
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Thursday 4 October 2018
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RBI likely to raise repo rate again as rupee slide accelerates
RBI likely to raise repo rate again as rupee slide accelerates
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