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

Posted

103

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

Please log in to like, share and comment!

Business

Future of work: Zoho’s Sridhar Vembu says AI job loss isn’t the threat—economic distribution is

Zoho cofounder Sridhar Vembu argues that the primary concern with AI and automation isn't job...

By 0 10

National

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including...

By 0 13

Entertainment

Sonali recalls welcoming Michael Jackson with Raj Thackeray

Sonali Bendre remains the only Bollywood actress to have had the once-in-a-lifetime opportunity...

By 0 17

Entertainment

Badshah REACTS to backlash over Dua Lipa comment

Badshah's admiration for Dua Lipa turned controversial after a suggestive comment on social...

By 0 17

National

Delhi AQI deteriorates again, CAQM reimposes Stage-I GRAP measures across NCR

By 0 19