RBI Says Hike Wasn't Meant to Boost Rupee; Analysts Say It Will
Indian two thousand and five hundred rupee banknotes are arranged for a photograph (Photographer: Dhiraj Singh/Bloomberg)

RBI Says Hike Wasn't Meant to Boost Rupee; Analysts Say It Will

(Bloomberg) -- Reserve Bank of India Governor Urjit Patel signaled that Wednesday’s interest-rate hike was not aimed at defending the rupee. Analysts say that the move will still provide the much-n...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.