India Mulls All Options, Including Rate Hike, as Rupee Slumps
The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and raising dollars from investors overseas,...
By Anup Roy · Bloomberg Markets
The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and raising dollars from investors overseas, according to people familiar with the matter.