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.
Indian shares little changed ahead of central bank policy decision
By Bharath Rajeswaran (Reuters) -Indian shares were muted on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest
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.
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 RBI seen cutting 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;
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.
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 MPC meeting outcome: Central bank slashes repo rate by 25 bps, first cut in nearly five years
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having ...
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 ...
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 ...
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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 ...
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Stock market trades flat ahead of key RBI MPC rate cut decision
In his first monetary policy review, RBI Governor Sanjay Malhotra is widely expected to reduce rates to spur economic growth.
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 ...