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RBI weighing rate hike to stabilise ​falling rupee: Report
short by Vaishnavi Mishra / on Thursday, 21 May, 2026
RBI is considering ‌all its available options to stabilise ​the rupee, ​including an interest rate ⁠hike, Bloomberg ​News reported. Governor Sanjay ‌Malhotra and other top ​officials ⁠have held a series of internal meetings ​to ​discuss ⁠the course of action after the plunge ​in rupee. Earlier, RBI announced a $5-billion USD-INR buy-sell swap auction for a three-year tenor on May 26.
read more at Reuters