USD/INR forecast: what next for the rupee after the RBI cut?
The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first ...
Gulfbusiness.com on MSN55m
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less ...
Indian rupee sticks to 'remittance-friendly' levels even after rate cut
Dubai: The Indian rupee remains at extremely favorable remittance levels to the dirham (and dollar) – and with a strong possibility of a further drop to 24 against Dh1 for the first time. It was on ...
Less restrictive policy and no explicit exchange rate targeting: Takeaways from RBI Governor Sanjay Malhotra’s first monetary policy
Though the RBI cut the Repo rate, the markets were not very enthused as the reduction was on the expected lines and they were hoping for a change in the stance from neutral with more liquidity ...