π¨ RBI HIKES RATE TO 5.50% FOR FIRST TIME SINCE 2023 The Reserve Bank of India raised its benchmark repo rate by 25 bps to 5.50%, its first hike since February 2023, amid rising inflation and higher oil prices. C ould tighter RBI policy put further pressure on Indian markets? #RBI #India #CoinEdition
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π¨ RBI HIKES RATE TO 5.50% FOR FIRST TIME SINCE 2023 The Reserve Bank of India raised its benchmark repo rate by 25 bps to 5.50%, its first hike since February 2023, amid rising inflation and higher oil prices. C ould tighter RBI policy put further pressure on
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