Decoding RBI’s peek-a-boo rate hike, liquidity-sapping move to arrest inflation and its wider impact

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  • May 12, 2022
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Decoding RBI’s peek-a-boo rate hike, liquidity-sapping move to arrest inflation and its wider impact

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conomists, stock market analysts are baffled by RBI’s rate hike as it was only a month ago that the central bank indicated that it had no intention of raising interest rates. Some experts say that since India’s inflation is driven by supply-side disruptions, a hike may not help. But is anyone looking at the falling rupee?

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