With an eye on faltering rupee, RBI to raise rates next week: poll
Updated : September 26, 2018 10:57 AM IST
In an abrupt change from the last survey conducted two months ago, which predicted rates would stay on hold until this quarter next year, two-thirds of 61 economists polled September 19-25 said the RBI would lift the repo rate at least once by year-end.
The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August.
For many analysts, the retreating Indian rupee, which has tumbled nearly 15 percent since the start of the year and is the worst-performing major Asian currency, is likely of concern to policymakers.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more