StartupsET Techabout 3 hours ago
Fed Hike Puts Pressure on RBI
8 min read
The US Federal Reserve raised its policy rate by 25 basis points to 3.75%-4.00%, its first hike since 2023. The move pushed the Indian rupee past 96 against the dollar, intensifying debate on when the Reserve Bank of India will follow with its own increase.
Level
Hype check
Tap to vote and see what everyone thinks.
