RBI to iron out volatile, bumpy movements to ensure rupee finds its level: Das

[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das stressed on Friday that while the central bank was committed to ensuring that the rupee finds its level in line with its fundamentals and does not target any particular level for the rupee, it would intervene decisively to iron out any volatile or bumpy movements in […]

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Cryptocurrencies ‘clear danger’, says RBI Governor

[ad_1] Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as a “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. […]

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RBI increases policy rates in sudden move; repo rate is higher by 40 basis points, cash reserve ratio up by 50 bps

[ad_1] RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation The Reserve Bank of India (RBI) […]

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RBI increases policy rates in sudden move; repo rate is higher by 40 basis points, cash reserve ratio up by 50 bps

[ad_1] RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation The Reserve Bank of India (RBI) […]

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