HSBC’s Eskesen Expects RBI to Raise Key Rate Today

Oct. 25 (Bloomberg) — Leif Eskesen, a Singapore-based economist at HSBC Holdings Plc, talks about Reserve Bank of India monetary policy and the outlook for the nation’s economy. India’s central bank said the rupee’s weakness has emerged as a “new source” of price pressure and that the challenge to tame inflation “remains significant,” signaling the need for higher interest rates. Eskesen speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)