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RBI’s moves are consistent with India’s fiscal policy aim of securing a demand boost through a tax stimulus. If it faces a policy conundrum up ahead, it is likely to be on the currency front.
Here are some of the key highlights of the February 2025 policy statement. RBI cut the repo rates by 25 basis points from 6.50% to 6.25%. The SDF rate and the bank rate also went down by 25 bps in ...
The Reserve Bank of India (RBI) on Monday started its bi-monthly monetary policy review amid expectations ... of trade-related tariff barriers, rapid currency swings and fractured capital flows ...
The Indian rupee will track the dollar and Chinese yuan's reaction to escalating global trade tensions this week, while the ...
Right now, it's all about the yuan for Asia, a currency trader at a private bank said. "If China signals tolerance for more depreciation, it could trigger a regional ripple. The RBI policy ...