India’s Das Tames Once-Volatile Rupee With $689 Billion Reserves
WEB18 hours ago · September 19, 2024 at 7:51 PM EDT. Save. India’s central bank chief Shaktikanta Dashas pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it to drift lower ...
RBI may do what Fed has done with rates. But you need to wait
WEB15 hours ago · Fed rate cut: The Reserve Bank of India may consider a rate cut by February 2025, following the US Federal Reserve's recent 50 basis points rate cut. Despite expected inflation spikes, India's CPI inflation is projected to remain within the RBI's target range. Favorable monsoon activity has positively impacted Kharif sowing, surpassing the five-year average.
Reserve Bank of India - The New York Times
WEBReserve Bank of India. India Is Scrapping Its Largest Bill. The Race Is On to Spend It. The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016 ...
Press Releases - Reserve Bank of India
WEBJan 18, 2024 · Press Releases. Today, the Reserve Bank released the January 2024 issue of its monthly Bulletin. The Bulletin includes seven speeches, six articles, current statistics. Financial Stability Report December 2023 and Report on Trend and Progress of Banking 2022-23 are supplements to the January 2024 Bulletin.
Reserve Bank of India - Press Releases
WEBFeb 8, 2024 · The Reserve Bank’s tireless efforts towards maintaining a fine balance among price stability, financial stability and external sector stability have paid rich dividends as the country embarks on a higher growth trajectory in the years to come.
RBI Monetary Policy: RBI governor says policy guided by domestic ...
WEBRBI MPC Meet updates: The Reserve Bank of India (RBI) governor Shaktikanta Das announced the Monetary Policy Committee's (MPC) decision on key interest rates today. This marks the first RBI...
RBI Monetary Policy Meeting Highlights: Shaktikanta Das rules out ...
WEBFeb 8, 2024 · RBI MPC Meeting Today Live Updates: In a post announcement press conference, senior Reserve Bank of India (RBI) officials responded to questions over regulatory action against payment aggregator Paytm.
Reactions to Reserve Bank of India policy decision | Reuters
WEBOct 6 (Reuters) - The Reserve Bank of India's key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, but signalled it would keep liquidity...
India's RBI hikes rates as inflation pressures build; drops ...
WEBMUMBAI, June 8 (Reuters) - The Reserve Bank of India's key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid to cool...
RBI repo rate: India central bank hikes interest rates after two ... - BBC
WEBMay 4, 2022 · The Reserve Bank of India (RBI) raised the repo rate - at which it lends money to commercial banks - by 40 basis points to 4.4%. The rate had been reduced to a record low of 4% during the...
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