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RBI Steps In as Rupee Hits Fresh Low Amid Iran War

Mar 30, 2026 02:45 UTC

Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, Friday, Feb. 6, 2026.

  • Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, Friday, Feb
  • 6, 2026
  • The Reserve Bank of India kept its benchmark interest rate unchanged on Friday, signaling an end to its easing cycle as the economy gets a boost from higher government spending and a surprise US trade deal to lower tariffs

Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, Friday, Feb. 6, 2026. The Reserve Bank of India kept its benchmark interest rate unchanged on Friday, signaling an end to its easing cycle as the economy gets a boost from higher government spending and a surprise US trade deal to lower tariffs. Photographer: Dhiraj Singh/Bloomberg

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