India should hike rates carefully, prepare for headwinds, IMF says
India's future interest rate hikes should be carefully calibrated and its intervention in the foreign exchange market should be limited to managing volatility, the International Monetary Fund (IMF) said on Friday.
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### Instruction: India should hike rates carefully, prepare for headwinds, IMF says

### Response: India's future interest rate hikes should be carefully calibrated and its intervention in the foreign exchange market should be limited to managing volatility, the International Monetary Fund (IMF) said on Friday.