Advertisement
India Foreign Exchange Reserves
Foreign Exchange Reserves in India are the foreign assets kept or managed by the central bank of a country. The reserves are made up of gold or a certain coin, depending on the country. Special drawing rights and foreign currency marketable securities such as government bonds, corporate bonds and shares, treasury bills, and foreign currency loans can also be used as collateral for foreign currency loans.
A higher than expected figure should be seen as positive (bullish) for the INR while a lower than expected figure should be seen as negative (bearish) for the INR.
News (INR)
India Slashes Policy Rates By Bigger Than Expected 50 Bps; Shifts Stance To Neutral
The Reserve Bank of India lowered its interest rates by a sharper-than-expected 50 basis points on Friday, marking the third consecutive reduction as policymakers focused on propelling growth amid the softening inflation, but the central bank shifted its monetary policy stance to neutral signaling a pause ahead. The MPC decided to cut the policy repo rate by 50 basis points to 5.50 percent.
RTTNews | 34 days ago
RBI Shifts Stance To Accommodative As Tariffs Loom
The Reserve Bank of India cut its key policy rates for the second straight meeting and also shifted its monetary policy stance to accommodative as trade tariffs pose risks to the outlook for both inflation and growth. At the first policy meeting of the financial year, the Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, unanimously decided to cut the policy repo rate.
RTTNews | 92 days ago
India Inflation Weakest In 7 Months
India's consumer price inflation slowed to a seven-month low in February as food price growth hit the lowest in nearly two years, raising expectations of interest rate cuts over coming months. Consumer price inflation eased to 3.61 percent in February from 4.26 percent in January, official data revealed on Wednesday. This was the lowest since July 2024.
RTTNews | 121 days ago
