Plummeting rupee could delay RBI's rate cut plans this Februaray
- Posted on January 15, 2025
- By Business News Today
- 1 Views
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.