₹ Weakness Unlikely To Trigger RBI Rate Hike
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.' Illustration: Uttam Ghosh/Rediff The Monetary Policy Committee (MPC), the RBI's rate-setting panel, will start the three-day deliberations on Wednesday to decide on the interest rate. The decision will be announced on Friday. The MPC kept the…
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