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RBI, rupee and Nomura
Dollar retreat to boost rupee before RBI rate decision
The Indian rupee is likely to open higher on Friday on the back of a decline in the dollar index, after which its direction will be dictated by the central bank's monetary policy review.
Rupee weakness will not deter RBI from cutting rates, says Nomura
Nomura noted that high prices were concentrated in a few items, including food, rather than being broad-based, and that inflation excluding vegetables and other volatile items was still subdued
Nomura expects RBI to cut rates by 100 bps this cycle
Nomura forecasts the RBI will cut rates by 100 bps from December 2024. This surpasses the anticipated 50 bps cut. They've reduced India's FY'25 GDP growth forecast to 6 percent. This is lower than the consensus estimate of 6.
17h
on MSN
Rupee little changed as cenbank rate decision, growth commentary looms
The Indian rupee ended little changed following a rangebound trading session on Thursday, with market players speculating ...
15h
Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar
Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar Mumbai, Dec 5 (PTI) The rupee recovered ...
3d
Rupee Falls to New Record Low, Bonds Gain After Growth Slows
The Indian rupee declined to a new all-time low after data showed a sharp slowdown in the economic growth. Bonds extended ...
20h
on MSN
Rupee in narrow range ahead of RBI rate decision, Asian peers rise
The Indian rupee was nearly unchanged on Thursday and held in a narrow range, with traders awaiting the central bank's ...
19h
USD/INR strengthens as economic growth worries drag Indian Rupee lower to near record low
The Fed Chair Jerome Powell noted on Wednesday that the US economy is in remarkably good shape, allowing Fed officials to ...
ndtvprofit
23h
Rupee Opens Flat Against US Dollar; Expected To Weaken Further
Meanwhile, in global markets, the Dollar Index resumed its upward movement after former U.S. President Donald Trump called ...
1d
Rupee on gentle one-way path down, to breach 85/$ in 6 months
Since early October, the RBI has spent nearly $50 billion from its vast FX reserves to shield the rupee from the dollar's ...
22h
Rupee trade in narrow range against US dollar in early trade
Rupee trades in narrow range against US dollar in early trade New Delhi, Dec 5 (PTI) Rupee opened on a flat note and rose ...
21h
Rupee Should Be Rs. 211 But IMF Prevents it: Tax Firm
Tax advisory firm Tola Associates claims the International Monetary Fund's (IMF) market-based exchange rate policy has ...
The Express Tribune
23h
Rupee slides marginally to Rs277.92/$
The Pakistani rupee weakened slightly against the US dollar, depreciating by 0.02% in the interbank market, on Wednesday. The ...
6d
Rupee pinned near record low but supported by likely cenbank intervention
The Indian rupee traded flat near its all-time low on Friday, lagging behind its Asian peers amid sustained pressure from ...
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