The week ended December 8 saw the Dollar staging a comeback after 3 weeks of declines. Waning optimism about a dovish Federal Reserve supported the Dollar's rebound.
The week ended December 8 saw the Dollar staging a comeback after 3 weeks of declines. Waning optimism about a dovish Federal Reserve supported the Dollar's rebound.
On May 4, the RBI raised the policy repo rate by 40 basis points with immediate effect and the cash reserve ratio by 50 basis points with immediate effect in an off-cycle monetary policy review.