--- title: "India considers options, including rate hike, as rupee slumps, Bloomberg News reports" type: "News" locale: "en" url: "https://longbridge.com/en/news/287154926.md" description: "The Reserve Bank of India (RBI) is exploring options to stabilize the rupee, including a potential interest rate hike, following a significant decline in the currency's value. Top officials, including Governor Sanjay Malhotra, have conducted internal meetings to determine the best course of action." datetime: "2026-05-21T04:02:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287154926.md) - [en](https://longbridge.com/en/news/287154926.md) - [zh-HK](https://longbridge.com/zh-HK/news/287154926.md) --- # India considers options, including rate hike, as rupee slumps, Bloomberg News reports May 21 (Reuters) - The Reserve Bank ‌of India (RBI) is ‌considering all its available ​options to stabilize the rupee, including an interest ‌rate hike, ⁠Bloomberg News reported on Thursday, ⁠citing people familiar with the ​matter. Top ​officials ​at the ‌RBI, including Governor Sanjay Malhotra, have held a series of internal meetings ‌to discuss ​the course ​of ​action after ‌the plunge in ​the ​rupee, the report said. (Reporting by ​Rhea ‌Rose Abraham in ​Bengaluru; Editing by ​Christian Schmollinger) ### Related Stocks - [02836.HK](https://longbridge.com/en/quote/02836.HK.md) - [INDA.US](https://longbridge.com/en/quote/INDA.US.md) ## Related News & Research - [RBI decides against imposing additional capital buffer on banks](https://longbridge.com/en/news/286783454.md) - [Intervention by the Reserve Bank of India sends the rupee sharply higher.](https://longbridge.com/en/news/287152332.md) - [RBI weighs all options including rate hike, forex swaps to stabilise rupee](https://longbridge.com/en/news/287176825.md) - [RBI withdraws IFR requirement for banks maintaining market risk capital](https://longbridge.com/en/news/286811032.md) - [Gunveer Singh elevated as RBI Executive Director with effect from May 18](https://longbridge.com/en/news/286795290.md)