India Keeps Key Rate Steady as Weak Rupee Takes Center Stage
Corroborated by 2 sources from 2 publishers
TL;DR
India’s Central Bank Holds Rate, Vows to Curb Volatile Rupee watch now India doesn't want a short-term ceasefire that risks repeated cycle of attacks: Former envoy Anil Trigunayat, former Indian Ambassador to Jordan, Libya and Malta, says India sees the war in Iran as one imposed on the world.
Sources
1
Bloomberg Economics
https://www.bloomberg.com/news/articles/2026-04-08/india-keeps-key-rate-steady-as-weak-rupee-takes-center-stage
2
CNBC 100004038
https://www.cnbc.com/video/2026/04/08/iran-unlikely-to-accept-a-short-term-truce-that-risks-a-alebanon-stylea-cycle-of-repeated-attacks-ex-indian-envoy.html
3
Bloomberg Politics
https://www.bloomberg.com/news/articles/2026-04-08/india-buys-first-iran-oil-cargo-since-2019-as-war-curbs-supply