RBI may hike rate in June policy as rupee marches towards 100 against dollar

By KLF AI Desk•22 May 2026, 10:33 am•

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The Reserve Bank of India (RBI) may raise interest rates in June as the rupee nears the critical 100 mark against the dollar, driven by rising crude oil prices and economic pressures. Economists warn that aggressive tightening could impact growth and urban demand.

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RBI may hike rate in June policy as rupee marches towards 100 against dollar

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