India’s RBI Cut US Debt, Bought Gold Even Before Trump’s Tariffs
India’s central bank steadily reduced its purchases of US Treasuries and increased gold buying even before President Donald Trump slapped…
Tag: RBI
Indian Exporters Lobby RBI for Weaker Rupee to Offset US Tariffs
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business…
India Central Bank Chief Says RBI Hasn’t ‘Lost Sight’ of Growth
India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, Governor…
India’s RBI Said to Have Sold at Least $5 Billion to Boost Rupee
India’s central bank sold US dollars across both onshore and offshore currency markets this month to prop up the rupee…
RBI holds repo rate at 5.5% amid Trump tariff pressures; Home loan demand may rise during festive season
The RBI’s decision to maintain the repo rate at 5.5% comes amid rising economic pressures, including US President Donald Trump’s…
RBI Opted For Outsized Rate Cut to Boost Growth, Minutes Show
India’s central bank governor said that front-loaded interest rate cut and the cash boost would support the Indian economy amid…
RBI May Have Easing Room if Inflation Undershoots, Governor Says
India’s central bank may have space for further policy easing if inflation undershoots its projections, according to Governor Sanjay Malhotra.…
India crypto rules still in limbo as RBI says ‘no thanks’
Despite mounting pressure for regulatory clarity, the Reserve Bank of India remains firmly opposed to cryptocurrencies, citing risks to monetary…
RBI cuts rates to lowest since August 2022 in bid to shore up growth
People walk past Reserve Bank of India signage in front of an installation stall at Global Fintech Fest in Mumbai,…
RBI Paid Record Dividend From Gains in Currency, Interest Income
India’s central bank gave a record dividend to the government as gains on foreign exchange transactions and interest income boosted…