Business Today: Rupee Plunges | RBI Defends Currency | RBI Hikes Repo Rate To 5.5% | inflation
India Today
The brief
The Reserve Bank of India (RBI) has raised its repo rate by 25 basis points to 5.50%, making borrowing costs a key concern for homebuyers and existing borrowers. This is the first repo rate hike since February 2023. #rupee #indianrupee #rupeedown #rupeeplunges #rbi #reservebankofindia #rbimonetarypolicy #repoRate #reporate #inflation #indianeconomy #economy #economicnews #currency #currencycrisis #businessnews #busin…
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India Today
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