Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...
RBI cuts lending rate, first in 5 yrs
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) cut the repo rate, the rate at which the RBI ...