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RBI may not increase rate just to address the falling rupee, says HSBC India

Updated : October 05, 2018 11:51 AM IST

The RBI is likely to increase the repo rate by 25 basis points in the upcoming monetary policy review.
After two successive hikes, the repo rate currently stands at 6.50 percent.
RBI may not increase rate just to address the falling rupee, says HSBC India

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