- India’s central bank unexpectedly left rates unchanged Friday.
- The Indian rupee fell to a record low following the announcement.
- Watch the Indian rupee trade in real time here.
India’s central bank unexpectedly held rates steady at 6.5% on Friday sending the rupee to a record low.
More than half of analysts surveyed by Reuters had forecast the Reserve Bank of India would raise its key interest rate. The rupee sank to an all time low of 74.1250 against the dollar following the policy announcement. See the rest of the story at Business Insider
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