India mulls all options, including rate hike, as rupee slumps
The Reserve Bank of India is weighing all options to stabilize the rupee, including an interest rate hike, more currency swaps, and raising dollars from overseas investors. The move reflects concerns over the rupee’s slump, with officials familiar with the matter noting multiple policy tools are under consideration. May 21, 2026. source http://www.adaderana.lk/news.php?nid=122778