EconomyIndia raises interest rates for first time in over three years as Iran war fuels inflation
The Reserve Bank of India raised borrowing costs on Wednesday for the first time in more than three years. The move comes as the war in the Middle East drives up prices in Asia’s third-largest economy and puts further pressure on an already fragile rupee.
Eeuronews★★★☆☆2026-10-07 07:27Original
India raises interest rates for first time in over three years as Iran war fuels inflation