Economy

RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike

· 1 October 2026 · 2 min read
RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike

The Economic Times has reported a new India-focused economy development: “RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike.” The publisher's feed describes the story as follows: India’s record $133 billion diaspora inflow has flooded banks with liquidity, pushing overnight rates below the RBI’s 5.25% policy rate. The Reserve Bank has already drained more than ₹1 trillion as food and oil prices fuel inflation concerns. Markets now expect further liquidity me

Original reporting by The Economic TimesRead the full story

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#economy#india#governance

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