In a significant move aimed at boosting economic growth, the Reserve Bank of India (RBI) has reduced the key repo rate by 25 basis points, bringing it down to 6.25%. This marks the first reduction ...
Economic growth has ticked up in Canada, boosted by past cuts in interest rates. In the absence of new tariffs, growth is forecast to strengthen, and inflation remains close to 2%. But the threat of ...
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty.
Let us look at how transmission of rate action from the RBI percolates to the ground. The repo rate is the rate at which the RBI lends money to banks if required, one day at a time. When the RBI ...
(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at ...
According to Zee Business research, eight in every 10 economists polled expect no change in the repo rate in the December review. Foreign brokerage Nomura has maintained an out-of-consensus call, ...
The Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps) to 5.7 percent going ahead amid concerns over growth, said economists. Further, they added that the central ...
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