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 ...
Amid RBI rate cut cheers, did you miss RBI's alert that could threaten India’s economy?
The Reserve Bank of India (RBI) has cut interest rates for the first time in nearly five years, reducing the repo rate to 6.25% to support economic growth. However, Governor Sanjay Malhotra warned of ...
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 ...