RBI's aggressive dollar sale comes against the backdrop of the India US trade deal, which triggered a short-lived rally in the rupee.
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Maroc - Times of India - Business - 18/09/2024 23:20
The US Federal Reserve's decision to cut rates by 50 basis points is unlikely to prompt an immediate reaction from RBI. This move could help stabilize the rupee and lower borrowing costs. Experts have mixed opinions on its impact, with some seeing benefits for NBFCs while others remain cautious about broader economic effects.
RBI's aggressive dollar sale comes against the backdrop of the India US trade deal, which triggered a short-lived rally in the rupee.
RBI's aggressive dollar sale comes against the backdrop of the India US trade deal, which triggered a short-lived rally in the rupee.
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