Macro Finance
India May Need Rate Hikes, Tax Cuts to Buoy Rupee, Analysts Say
Bloomberg Markets·October 15, 2026·1 min read
India's central bank has mounted its strongest defense of the rupee in more than a decade and said it's not done yet. Analysts suggest the country may need rate hikes and tax cuts to buoy the currency further. The central bank's intervention aims to stabilize the rupee amid persistent pressure from global market conditions and capital outflows.
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