Mumbai, India, Dec 5, 2025 (AFP) - India central bank cuts rates amid US trade deal limbo

NAMPA / AFP

2025-12-05

India's central bank cut interest rates on Friday and signalled more could be on the way as low inflation provided room to help cushion the world's fifth-largest economy against US President Donald Trump's tariff blitz. The decision also comes after the rupee hit a record low against the dollar this week -- having dropped around five percent in 2025 -- owing to ongoing worries about the lack of a trade deal with Washington and impact of the levie......

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