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?
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Rohan Saha
complicated Investorย โขย 3m
Looking at the current inflation data, it seems that the RBI might consider a rate cut, and the expectation is the same as India's economic growth has slowed down
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Investo
Building a startupย โขย 2m
*RBI cuts Repo Rate by 25 bps to 6.25% โ the first rate cut in 5 years!*
โ Boost for economic growth
โ Lower borrowing costs
โ Positive for markets & businesses
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Rabbul Hussian
Hey I am on Medialย โขย 2m
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
What is the repo rate?
Itโs the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
Rupee hits an all-time low of 84 against the US dollar: factors leading to the fall and the outlook
Analysts said the rupee has not fallen below 84 as the RBI has been protecting the level for the last two months. On September 12, the local currenc
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The Reserve Bank of India (RBI) currently holds a record $77.5 billion in net short dollar positions, which could influence rupee liquidity and foreign exchange
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"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices"
"RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth
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Rohan Saha
complicated Investorย โขย 1m
I think the RBI might consider another rate cut in the upcoming days to match growth. As for the stock market's fall, India needs three things: strong earnings, good GDP growth, and a strong rupee. Currently, market sentiment is shifting back towards
The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times.
The cuts are likely to be executed in three phasesโ25 bps each in April, Jun
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sia shetty
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๐ข Is the Indian Rupee really falling, or is the U.S. Dollar just getting stronger?
The Rupee recently crossed โน87 per USD, sparking debates everywhere. But what does this mean for your money, investments, and daily life? ๐๐ฐ
In this edition, we b