Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters.
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India’s New RBI Chief Expected to Kickoff Rate Cut to Lift Growth
His press conference today after the rate decision will provide insights on his thinking on a range of issues from inflation to the currency to global headwinds.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
India's central bank to cut rates to boost economy as inflation slows
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish economy, with easing price pressures giving policymakers more room to manoeuvre.
RBI's Next Move: Beyond Rate Cuts to Boost Liquidity
As per Emkay Research, the Reserve Bank of India (RBI) may need to implement measures beyond rate cuts to enhance banking liquidity. Key suggestions include Open Market Operations of Rs 30,000 crore and easing liquidity norms.
RBI may cut repo rate by 25 bps on February 7: Bank of Baroda
The Reserve Bank of India is expected to lower the repo rate by 25 basis points in its upcoming monetary policy announcement. This consideration arises from easing inflation, mainly due to declining vegetable prices,
India's central bank seen cutting rates for first time since May 2020
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.
Thank You RBI, India’s Liquidity Crunch Just Eased - What Did Central Bank Do?
India’s cash crunch has more than halved following a series of liquidity measures by the Reserve Bank of India (RBI) aimed at stabilizing the financial system and supporting economic growth.According to a Bloomberg Economics index,
India's RBI to cut rates for the first time since 2020
The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;
Rupee strengthens, forwards dip ahead of central bank policy decision
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward ...
RBI likely intervened to support rupee ahead of rate decision: Traders
The Reserve Bank of India likely intervened to support the rupee before the local spot market opened ahead of a key monetary ...
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RBI MPC Live Updates: Sensex Rises 180 Points, Nifty Opens At 23,650 Ahead Of Monetary Policy Announcement
Please follow this space for all the breaking news and latest updates from the stock market, economy, and corporate world ...
Rupee to hold near record low in lead up to central bank rate decision
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts ...
Rupee recovers 11 paise at open ahead of RBI's monetary policy
The local currency opened at 87.4688 against the US dollar, as compared to 87.5788 at previous close against the greenback ...
Stock market, RBI rate cut: Gift Nifty hints at firm opening; Nifty Bank, Nifty levels to watch
The central bank is seen to cut rates after nearly five years, post the covid-19 pandemic in May 2020, to provide stimulus to ...
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RBI's Monetary Policy: A Beacon for India's Financial Future
The Reserve Bank of India's upcoming monetary policy could significantly impact the financial services sector, particularly ...
Bank Holidays in February 2025: Check full list of state-wise bank holidays
The Reserve Bank of India has announced bank holidays for February 2025 with state-specific holidays for festivals and si ...