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

Sponsor

added a post in Business

2025-06-06 17:32:11 -

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

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.

0 Reacties 0 aandelen 104 Views 0 voorbeeld