Business

Central Banks Consider Rate Hikes

Updated 2026-06-03 05:35 UTC 1 source Neutral

Indonesia's central bank has hiked interest rates to defend its currency, potentially setting a precedent for India. Rising inflation and currency pressures may prompt similar actions.

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CNBC

Like Indonesia, India's central bank may hike rates to defend its currency

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

2026-06-03 05:24 UTC