India's Central Bank Flags Currency Wars as It Hikes Rates
Urjit Patel, governor of the Reserve Bank of India (RBI), center, Viral Acharya, deputy governor in charge of monetary policy, left, and Michael Patra, head of the research department at the RBI, attend a news conference in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

India's Central Bank Flags Currency Wars as It Hikes Rates

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(Bloomberg) -- India’s central bank governor raised the prospect of global currency wars as he led policy makers in raising interest rates to the highest in two years to shore up the rupee and tack...
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