Reserve Bank of India (RBI)

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With an eye on faltering rupee, RBI to raise rates next week

The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August. The US Federal Reserve is forecast to raise rates this week - its third this year - according to a separate Reuters poll. Sep 26, 2018

Negative global cues, weak rupee subdue Indian equity indices

According to analysts, investors feared that high petrol and diesel prices and a weak rupee would pump up the retail and wholesale inflation rates, thereby mitigating chances of a rate cut by the Reserve Bank of India in the near term. Sep 11, 2018