Rupee @73: RBI likely to turn hawkish to stem the slide

Amid the rout in rupee, the RBI starts its three- day meeting on bi-monthly monetary policy on Wednesday. The Street is expecting from the central bank a third back-to-back repo rate hike as inflation is expected to accelerate further due to higher crude prices and the weakness in rupee.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OvAsw8