EconomyIndia’s rate hike unlikely to stem outflows, leaving central bank in a bind
India’s first rate increase in four years is unlikely to curb or reverse record capital outflows. In a hostile global environment, the central bank is grappling with a cycle in which a weaker currency fuels higher inflation.
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Reuters★★★☆☆2026-10-08 11:45Original
India’s rate hike unlikely to stem outflows, leaving central bank in a bind
Economy