Economic data

Rupee Nears Record Low as RBI Hike Leaves Traders Wanting More

Bloomberg7 October 2026, 09:11 UTCIndia

India’s rupee retreated even after the central bank hiked interest rates for the first time in four years, as the lack of more aggressive steps to tighten liquidity and support the currency left traders disappointed.

Read the full story at Bloomberg Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about India

Avaada Electro Said to Plan $786 Million India IPO in NovemberBloomberg8 October 2026, 05:41 UTCIndiaAvaada Electro Ltd., the solar manufacturing arm of Avaada Group, is planning to launch an initial public offering as early as next month, according to people familiar with the matter.
AI Squeezes Tech Grads at India’s Banking HubsBloomberg8 October 2026, 05:15 UTCIndiaAI is reshaping India’s six-million-strong IT workforce, slowing entry-level hiring at global capability centers and shifting demand toward workers who can deploy the technology and understand the...
India considers delaying UPI payment fee rollout, sources say - ReutersReuters8 October 2026, 04:23 UTCIndiaIndia considers delaying UPI payment fee rollout, sources say Reuters
Veteran Indian actor Nana Patekar dies at 75BBC8 October 2026, 03:41 UTCIndiaKnown for his intense performances, Patekar carved out a distinctive place in Indian cinema.
Elon Musk blames Indian 'oligarchs' for stalling Starlink launchCNBC8 October 2026, 02:55 UTCIndiaSpace X founder Elon Musk accused oligarchs in India of keeping Starlink out of the country to protect their monopoly over consumers.
Governor Gianforte Highlights Montana High-Tech, Bioscience Economy in Bengaluru - State of Montana Newsroom (.gov)Google News8 October 2026, 02:53 UTCIndiaGovernor Gianforte Highlights Montana High-Tech, Bioscience Economy in Bengaluru State of Montana Newsroom (.gov)
Indian shares open lower as hawkish RBI rate hike, rising oil dent sentiment - ReutersReuters8 October 2026, 02:23 UTCIndiaStock marketIndian shares open lower as hawkish RBI rate hike, rising oil dent sentiment Reuters
Elon Musk hits out at ‘certain oligarchs’ for blocking Starlink in IndiaSouth China Morning Post8 October 2026, 01:03 UTCIndiaGovernment leadersElon Musk accused unnamed rivals of blocking SpaceX’s Starlink satellite broadband network in India, an apparent swipe at billionaires Mukesh Ambani and Sunil Bharti Mittal. SpaceX has been awaitin...

More on Economic data

America shut out Chinese EVs. Britain welcomed them — and now faces a difficult choiceCNBC8 October 2026, 05:30 UTCUnited States of AmericaEconomic dataBritain faces a finely balanced choice over whether to follow the EU in imposing tariffs on Chinese EVs.
Houthi Attacks Heighten Saudi Escalation ConcernsBloomberg8 October 2026, 04:28 UTCYemenEconomic dataBloomberg’s Stuart Livingstone-Wallace discusses escalating clashes between Houthi forces and the Saudi-led coalition around the Bab el-Mandeb strait. He explains how recent Houthi strikes on key S...
How one woman's debt spiral signals trouble for Thailand's growth hopes - ReutersGoogle News8 October 2026, 02:55 UTCThailandEconomic dataHow one woman's debt spiral signals trouble for Thailand's growth hopes Reuters
IMF reaches tentative $1.21 billion bailout deal with PakistanDW8 October 2026, 02:24 UTCPakistanEconomic dataPakistan's dependence on Gulf energy imports, remittances and regional financing has left the economy exposed to the fallout from the Middle East conflict.
How one woman's debt spiral could indicate wider problems for Thailand's economic growth - YahooGoogle News8 October 2026, 02:05 UTCThailandEconomic dataHow one woman's debt spiral could indicate wider problems for Thailand's economic growth Yahoo
New Zealand’s Central Bank Chief Breman Overhauls Top LeadershipBloomberg8 October 2026, 01:59 UTCNew ZealandEconomic dataThe Reserve Bank of New Zealand is recruiting two assistant governors and a chief of staff as Governor Anna Breman overhauls the central bank’s senior ranks almost a year into the job.