Subbarao said raising interest rates, the “ultimate” exchange rate defence, should be the last resort, as the markets could read it as a sign the conflict poses a bigger threat to India’s economy​Subbarao said raising interest rates, the “ultimate” exchange rate defence, should be the last resort, as the markets could read it as a sign the conflict poses a bigger threat to India’s economy ​Latest News [ SOBAN NEWS: International and National ]
