*RBI cuts Repo Rate by 25 bps to 6.25% ā the first rate cut in 5 years!*
ā Boost for economic growth
ā Lower borrowing costs
ā Positive for markets & businesses
On Tuesday, the rupee hit a new low of Rs 84.75 per dollar as slowing economic growth rattled markets. Will the RBI step in with a rate cut this Friday to steady the ship?
