RBI hikes repo rate 25bp to 5.50%
Commerzbank reports the RBI restarted its tightening cycle, hiking the repo rate 25bp to 5.50% and adopting a calibrated tightening stance to contain rising inflation expectations amid resilient growth.
Original · FXStreet AI summary of public reporting
Why: RBI rate hike to 5.50% → tighter policy
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At publication → CurrentUSAR13.12 → 12.61−3.9%