RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis ...

Monetary Policy Committee (MPC) has been instituted by the Central Government of India under Section 45ZB of the RBI Act that was amended in 1934. MPC had its first meeting for two days on October ...

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...

The monetary policy committee, which included three RBI officials and an equal number of new external members, voted five-to-one to keep the benchmark repurchase or repo rate - which governs the ...

Monetary policy seeks to spark economic activity, while fiscal policy seeks to address either total spending, the total composition of spending, or both. Fiscal policy refers to the steps that ...

Exchange Rate and External Sector The Liberian dollar appreciated against the U.S. dollar during the fourth quarter, supported by increased foreign exchange inflows and a tight monetary policy.

Economists have flagged that changes to the composition of the monetary policy committee would raise uncertainty over the future path of rates. The RBA on Tuesday left its cash rate at 4.35%, marking ...