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RBI mulls all options, including rate hike, as rupee slumps

Posted on May 21, 2026
By Business News Today
1 Views
1 min read

RBI mulls all options, including rate hike, as rupee slumps

The Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Officials are meeting to discuss actions after the rupee hit a new low. Measures mirror those from 2013. The central bank aims to stop depreciation and is ready to act.