SENSEX
NIFTY
GOLD
USD/INR

Weather

image 33    C

Economy News

The Economic Times

Economy / The Economic Times

details

For a few dollars more: Inflation bypass can hurt

India's central bank holds interest rates steady despite rising inflation. The focus shifts to stabilizing the rupee with a new dollar deposit scheme. This move aims to attract foreign currency and boost confidence. While offering gains to non-resident Indians, it comes at a significant cost and distorts market rates.

6 Jun 2026 12:13 am