RBI’s Limited Forex Intervention Sparks Policy Surprise Speculation as Rupee Slips Past 90

Rupee Slips Past 90

Mumbai, December 3 (Udaipur Kiran): As the Indian rupee slipped to a fresh record low and crossed the psychological 90-mark against the US dollar, the Reserve Bank of India (RBI) was seen largely absent from the spot forex market, with only limited intervention at select levels. According to market sources, the central bank may have … Read more

RBI Policy Meet Begins, 0.25% Repo Rate Cut Likely

Repo Rate Cut

New Delhi/Mumbai, December 2 (Udaipur Kiran): The Reserve Bank of India’s fifth bi-monthly Monetary Policy Committee (MPC) review meeting has begun today. The three-day meeting, held under the chairmanship of RBI Governor Sanjay Malhotra, will conclude on December 5, when the policy decisions will be announced at 10 am. According to experts on economic affairs, … Read more

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