Rate-cut boost: Rupee jumps 11 paise to 85.68 against dollar;...

Rate-cut boost: Rupee jumps 11 paise to 85.68 against dollar; market rally and CRR cut lift sentiment

Posté

122

The rupee strengthened to 85.68 against the US dollar following a surprise 50 basis point repo rate cut by the RBI. This move, coupled with a phased CRR reduction, boosted domestic equities and injected liquidity into the banking system.

Read Full Article

Chargement...

Connectez-vous pour aimer, partager et commenter!

International

Russia seizes two villages in central Ukraine; raids kill 6

Par 0 2

International

'My hand was hanging by a thread': Indian-origin man Saurabh Anand attacked by teen gang with a machete in Melbourne

Saurabh Anand, an Indian-origin man, was brutally attacked by a teen machete gang in Melbourne,...

Par 0 2

International

Pope receives high-ranking Russian Orthodox cleric

Pope Leo XIV held a first meeting on Saturday with a senior Russian Orthodox cleric at the...

Par 0 2

International

Behind deadly clashes, a bitter spat between 2 dynastic leaders

Par 0 2

International

What happened to UAE’s Iceberg Project? The ambitious plan to haul a colossal Antarctic iceberg to the coast of Fujairah

The UAE’s ambitious plan to tow a giant Antarctic iceberg for fresh water has stalled with...

Par 0 2