RBI chief says weakening rupee is biggest risk to inflation

MUMBAI (Reuters) - The weakening of the rupee is the biggest risk to inflation, Duvvuri Subbarao, governor of the Reserve Bank of India said on Tuesday in a post-policy conference with reporters.

Earlier in the day, the central bank left interest rates unchanged as it supports a battered rupee but said it would roll back recent liquidity tightening measures when stability returns to the currency market, enabling it to resume supporting growth.

(Reporting by Neha Dasgupta; Editing by Anupama Dwivedi)