Reserve Bank of India Governor Shaktikanta Das. File photo | Photo Credit: PTI Reserve Bank of India Governor Shaktikanta Das on Wednesday, December 21, 2022 said underlying economic activity in India continues to be strong, but external factors will cause some “dent” to the economy. Speaking at the BFSI Insight Summit 2022 organised by Business […]
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File image. | Photo Credit: PTI The Reserve Bank of India (RBI) net sold $33.42 billion in the foreign exchange market in the first six months of current fiscal to defend the rupee from excessive volatility. The Central Bank closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by containing […]
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Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target The International Monetary Fund (IMF) on Tuesday praised the […]
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The announcement was made by the Monetary Policy Committee (MPC) of RBI. The announcement was made by the Monetary Policy Committee (MPC) of RBI. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on September 30, 2022 increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. The […]
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The previous day, the rupee recovered from record lows to settle 20 paise higher at 81.73 against the dollar The previous day, the rupee recovered from record lows to settle 20 paise higher at 81.73 against the dollar The rupee appreciated 24 paise to 81.49 against the U.S. dollar in early trade on Friday ahead […]
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With the RBI’s increased consumer price inflation estimate, Shaktikanta Das says it is in the Centre’s hands to decide what supply-side measures to take to tackle the price rise. With the RBI’s increased consumer price inflation estimate, Shaktikanta Das says it is in the Centre’s hands to decide what supply-side measures to take to tackle […]
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