RBI to raise rates in August but no consensus on size of hike: Poll - Moneycontrol


8/1/2022 12:00:00 AM2 years 9 months ago
by Reuters

With inflation running at a near-decade high and the rupee trading near a record low, the RBI, which only began raising rates in May, is expected to front-load subsequent hikes to catch up with its global peers.

The Reserve Bank of India will hike its key interest rate on Friday, economists polled by Reuters said, but there was no consensus on the size of the move given the absence of any clear guidance from… [+2475 chars]

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