However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...
RBI intervention helped the rupee rebound to 86.47 per U.S. dollar on Wednesday from an all-time low of 87.95 early on Monday ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
India’s inflation eased to a five-month low in January, justifying the central bank interest rate cut, though risks remain amid a depreciating currency and threat of tariffs.
The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this ...
Usually, when the global tension rises, bond yields react negatively and rise, but this time due to better economic ...
The RBI's willingness to accept a larger scale of currency depreciation aligns with its looser policy approach and increased ...
Indian Rupee depreciated 3.60% since September 2024, which was lower compared to the Japanese Yen (-6.49%), Canadian Dollar ( ...
Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...
India's Finance Minister Nirmala Sitharaman attributed the recent rupee-dollar exchange rate volatility to a mix of global ...
Vishal Kapoor, CEO of Bandhan AMC, says markets have been disappointed with the absence of new liquidity-inducing measures ...