Breaking: RBI lifts the Repo Rate by 25 bps to 5.5% in October, as expected

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced on Wednesday that it raised the benchmark Repo Rate by 25 basis points (bps) to 5.50% from 5.25% following…

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Indian Rupee, Nifty 50 Await RBI as USD/INR Downtrend Steadies

After being postponed, the Indian Rupee and Nifty 50 are awaiting the Reserve Bank of India later today. This is as USD/INR seems to be transitioning into a consolidative state.

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