Home Economy Plummeting rupee could delay RBI’s rate cut plans this Februaray
Economy - January 15, 2025

Plummeting rupee could delay RBI’s rate cut plans this Februaray

Plummeting rupee could delay RBI’s rate cut plans this Februaray

Analysts have revised expectations for Indian rate cuts due to the rupee's decline and inflation fears. With the currency weakening, costlier imports could raise inflation. The Reserve Bank of India's meeting in February may result in policy adjustments, although many now expect cuts to be postponed until April-June. Foreign investor outflows and currency instability are major concerns.

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