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India's central bank delivers 1st rate cut in nearly 5 years
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India’s central bank cuts repo rate by 25 bps to spur growth
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. RBI
Hosted on MSN
4h
India's forex reserves rise for second consecutive week
India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four ...
The Week
1d
Rupee hitting new low may be good for India. Noted economist Dr Rajiv Kumar explains why
With rupee hitting new lows on almost a weekly basis, former NITI Aayog Vice Chairman Dr Rajiv Kumar bats for a weak currency ...
India West
1d
Rupee Drops, Becomes Worst Performing Asian Currency In 2025
Indian rupee hit a record low on February 6, declining to 87.5825 against the U.S. dollar, as market concerns over U.S. trade ...
Hosted on MSN
2d
Indian Currency Declines Sharply Following Trump's Tariff Impositions on Key Trade Partners
The Indian rupee fell by 67 paise to a record low of 87.29 against the US dollar in early trade on Monday, February 3, 2025, ...
20h
India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
Khaleej Times
14h
Indian rupee rises against UAE dirham after hitting all-time low
The dollar index was little changed at 107.7, while Asian currencies were mostly up between 0.1 per cent and 0.4 per cent ...
The Financial Express
12h
Banks from 30 countries open accounts with Indian banks for local currency trade
Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...
3d
on MSN
Indian rupee decline: RBI likely sold dollars to support currency, traders say
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
23h
on MSN
RBI Slashes Rates After 5 Years — Good News For Borrowers, But RBI Governor Has A Warning For India's Economy
In a pivotal move to bolster India's economic growth, the Reserve Bank of India (RBI) has slashed the repo rate for the first ...
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